Ahmed Samir, Minister of Trade and Industry, has held a meeting with a delegation from the Turkish company Eskafi. The meeting reviewed the company’s plan to inject new investments into the Egyptian market in the field of leather and gelatin production. Samir stressed the ministry’s keenness on providing support for local and foreign investments operating in the Egyptian market, in cooperation with various ministries and concerned authorities in the country. Samir highlighted the state’s keenness on upgrading the leather industry, with the aim of making Egypt a strategic center for the leather industry at the local, regional and international levels, by achieving integration between value chains in the Egyptian leather industry. It acquired 40% of the Turkish market, as it relies on the application of modern technology in production to reduce waste and maximize the benefit of raw materials.

Source: Daily News Egypt May 31, 2023 16:43 UTC