Egypt will inaugurate in the second half of 2022, the world’s largest spinning factory led by eight companies. Hisham Tawfik, Minister of the Public Enterprises Sector made the announcement during a meeting with the contracting companies to review the project progress. The project to be developed by Gama Construction Company encompasses 65 buildings and a surface area of about 62,500 square meters. It is valued at around $446 million.

Source: The North Africa Journal November 09, 2021 21:46 UTC