Hisham Tawfiq, Minister of Business Sector, said that they are working to develop 65 spinning and weaving factories at the level of the Republic, the largest of which is the Mahalla factory, pointing out that a number of spinning and weaving companies have been merged to become 8 companies.
Tawfiq indicated, during a telephone call to the “Al-Hekaya” program on MBC Egypt, on Sunday evening, that a meeting was held with company leaders, including 37 new leaders, all of whom are Egyptians, in addition to the fact that the management systems are being completed, and a good salary will be provided to them. New organizational structures have been put in place for work.
He added, "We are all in the same boat," noting that there is an excess of workers in factories, but they will not be talked about now, and the most important thing is the development of administrations, noting that the efficiency of old machines has been raised and machines that cannot be developed, continuing: "We will return to master the world in Textile and cotton industry again.
