{"id":623286,"date":"2018-10-25T04:15:24","date_gmt":"2018-10-25T04:15:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/marubeni-to-build-textile-factory-in-kafr-el-sheikh-for-cotton-holding-co\/"},"modified":"2018-10-25T04:15:24","modified_gmt":"2018-10-25T04:15:24","slug":"marubeni-to-build-textile-factory-in-kafr-el-sheikh-for-cotton-holding-co","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/marubeni-to-build-textile-factory-in-kafr-el-sheikh-for-cotton-holding-co\/","title":{"rendered":"Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co."},"content":{"rendered":"<p>Japan\u2019s Marubeni Corporation will be building a new textile factory in Kafr El Sheikh for the Cotton & Textile Industries Holding Company under an MoU signed yesterday, <a href=\"http:\/\/www.ahram.org.eg\/News\/202810\/5\/676956\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%C2%AB%D9%85%D8%A7%D8%B1%D9%88%D8%A8%D9%8A%D9%86%D9%89%C2%BB-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A%D8%A9-%D8%AA%D9%86%D8%B4%D8%A6-%D9%85%D8%B5%D9%86%D8%B9%D8%A7-%D9%84%D9%84%D9%86%D8%B3%D9%8A%D8%AC-%D8%A8%D9%83%D9%81%D8%B1-%D8%A7%D9%84%D8%B4%D9%8A%D8%AE.aspx\">Al Ahram reports<\/a>. The project will be funded through a facilitated loan from Japan Bank for International Cooperation (JBIC), which will be repayable over 10 years, with an additional three-year grace period. JBIC has also expressed willingness to provide consultancy services and help with the supply of equipment. The move comes as part of government efforts to <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/01\/indias-bajaj-to-restructure-state-owned-cotton-ginning-companies\/\">rehabilitate several state-owned companies<\/a> that have been suffering heavy losses. Details on the exact cost and timeline of the project were not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan\u2019s Marubeni Corporation will be building a new textile factory in Kafr El Sheikh for the Cotton &#038; Textile Industries Holding Company under an MoU signed yesterday, Al Ahram reports. The project will be funded through a facilitated loan from Japan Bank for International Cooperation (JBIC), which will be repayable over 10 years, with an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[317,72,570,131,5817,79,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623286","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-commodities","tag-enterpriseam","tag-japan","tag-manufacturing","tag-marubeni","tag-public-enterprises-ministry","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"cf879a72-fc6c-4814-ab68-993c4ae3f800","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co.","related_issue":[623260],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e26396a0-4adc-4070-bf50-8df6ccd55c61.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/marubeni-to-build-textile-factory-in-kafr-el-sheikh-for-cotton-holding-co\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marubeni to build textile factory in Kafr El Sheikh for Cotton Holding co.\" \/>\n<meta property=\"og:description\" content=\"Japan\u2019s Marubeni Corporation will be building a new textile factory in Kafr El Sheikh for the Cotton &amp; Textile Industries Holding Company under an MoU signed yesterday, Al Ahram reports. 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