{"id":634478,"date":"2018-01-16T04:09:57","date_gmt":"2018-01-16T04:09:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/"},"modified":"2018-01-16T04:09:57","modified_gmt":"2018-01-16T04:09:57","slug":"kabil-announces-plans-for-largest-textile-industries-city-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/","title":{"rendered":"Kabil announces plans for largest textile industries city in Egypt"},"content":{"rendered":"<p><strong>Gov\u2019t announces USD 2 bn textiles city: <\/strong>Trade and Industry Minister Tarek Kabil announced plans yesterday to establish Egypt\u2019s largest textile project on a 3.1 mn sqm area in Sadat City, <a href=\"http:\/\/almalnews.com\/Story\/360824\/14\/%D9%82%D8%A7%D8%A8%D9%8A%D9%84-%D9%8A%D8%B9%D9%84%D9%86-%D8%B9%D9%86-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D8%A3%D9%83%D8%A8%D8%B1-%D9%85%D8%AF%D9%8A%D9%86%D8%A9-%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%B3%D9%88%D8%AC%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%85%D9%84%D8%A7%D8%A8%D8%B3-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\">Al Mal reports<\/a>. The project is expected to cost USD 2 bn to develop and will house 568 factories. 87% of the factories will be geared towards foreign investors, with the project expected to generate some USD 9 bn in annual revenues once it\u2019s fully operational and completed by 2020, according to Kabil. President Abdel Fattah El Sisi also <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/325741847945202\">commented on the textile city<\/a>, saying that the government could foot up to 50% of funding for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov\u2019t announces USD 2 bn textiles city: Trade and Industry Minister Tarek Kabil announced plans yesterday to establish Egypt\u2019s largest textile project on a 3.1 mn sqm area in Sadat City, Al Mal reports. The project is expected to cost USD 2 bn to develop and will house 568 factories. 87% of the factories will [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634478","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fdf4112d-5d9b-40ec-a849-43fcda48cf3e","order":"0","is_powered_by":true,"section_story_id":"5296a070-21bc-40cb-bfff-aa4324b2ad4a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634459],"teaser":"","voice_url":""},"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>Kabil announces plans for largest textile industries city in Egypt - 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\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kabil announces plans for largest textile industries city in Egypt\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t announces USD 2 bn textiles city: Trade and Industry Minister Tarek Kabil announced plans yesterday to establish Egypt\u2019s largest textile project on a 3.1 mn sqm area in Sadat City, Al Mal reports. The project is expected to cost USD 2 bn to develop and will house 568 factories. 87% of the factories will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-16T04:09:57+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kabil announces plans for largest textile industries city in Egypt\",\"datePublished\":\"2018-01-16T04:09:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\"},\"wordCount\":114,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/16\/kabil-announces-plans-for-largest-textile-industries-city-in-egypt\/\",\"name\":\"Kabil announces plans for largest textile industries city in Egypt - 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The complex will be Egypt\u2019s largest textile project and will include 568 factories once it\u2019s\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627565,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/","url_meta":{"origin":634478,"position":1},"title":"Kabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn","author":"enterpriseam admin","date":"5 June 2018","format":false,"excerpt":"INVESTMENT WATCH- Trade Minister to inaugurate three new Unionaire factories in three weeks: Trade and Industry Minister Tarek Kabil is expected within the coming weeks to inaugurate three new Unionaire Group factories worth a collective USD 100 mn, according to a ministry statement. 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