Two Egyptian textile factories report output and export figures
During an industry minister’s visit to 6th of October City, Naga Tex reported annual fabric output of 1.44 million metres, while Misr Al-Salam cited annual capacity of 5,000 tonnes of dyed and printed fabric.
Egypt’s State Information Service reported that Industry Minister Khaled Hashem visited two textile plants in the 6th of October City industrial zone on 26 September. Naga Tex reported annual fabric production of about 1.44 million metres; Misr Al-Salam reported annual capacity of 5,000 tonnes of dyed and printed fabric.
Naga Tex said local components account for 90% of its production, about 60% of output is exported and export revenue is around $2 million. Misr Al-Salam reported 80% local components, 20% of output exported and $3 million in export revenue. The source did not specify the period for the revenue figures; they are company data presented during the visit.
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Source: Emirates News Agency (WAM)
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