Old Spinning, Weaving factories re-operate at 60% capacity

Fri, 15 Mar 2024 - 02:05 GMT

The operation of the factories is geared towards producing thick and medium yarns, which fulfill 98.5% of the requirements of both the global and local markets, according to sources at the State’s Public Sector as reported by the newspaper. It was emphasized that the reactivation of the factories would result in saving $3 billion previously allocated for importing these types of yarns.