Egypt to launch world’s largest spinning factory in 2022

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.