Lutai Group to establish its first factory in Egypt with $385M investments

Mon, 16 Dec 2024 - 09:46 GMT

Liu Deming, Lutai’s Global Marketing Director, confirmed the company’s goal to create a full supply chain in Egypt, from yarn production to garment manufacturing, with 100% of the output for export. This aligns with Egypt’s strategy to attract export-oriented investments.

Sisi directs govt to pursue plan for advancing textile industry

Tue, 02 Aug 2022 - 10:08 GMT

President Abdel Fattah El Sisi instructed the government to proceed with a plan for advancing the labor-intensive textile industry, as part of the State's comprehensive development strategy.