Industry minister discusses expansion plans with GID Textile Egypt, targets raising exports to $500 million (opens original article in a new tab)

Egypt's Industry Minister discussed GID Textile Egypt's expansion plans and export targets, aiming to boost exports to $500 million by 2029-2030 through increased production and sustainability initiatives.

• Industry minister Khaled Hashem met with GID Textile Egypt's CEO to discuss expansion plans and export goals.
• GID Textile Egypt aims to raise exports to $500 million by 2029-2030 through existing and new facilities.
• The company plans to adopt sustainability practices and attract Turkish textile waste recycling firms to Egypt.