{"id":663638,"date":"2025-04-13T00:00:00","date_gmt":"2025-04-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/13\/minya-fayoum-are-getting-new-textile-industrial-zones-that-could-bring-in-usd-3-bn-in-investment\/"},"modified":"2025-04-13T00:00:00","modified_gmt":"2025-04-13T00:00:00","slug":"minya-fayoum-are-getting-new-textile-industrial-zones-that-could-bring-in-usd-3-bn-in-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/13\/minya-fayoum-are-getting-new-textile-industrial-zones-that-could-bring-in-usd-3-bn-in-investment\/","title":{"rendered":"Minya, Fayoum are getting new textile industrial zones that could bring in USD 3 bn in investment"},"content":{"rendered":"

The Madbouly government has plans to set up two integrated textile industrial zones in <\/strong>Minya and Fayoum at a total cost of EGP 27 bn<\/strong>, Industry and Transport Minister Kamel El Wazir announced<\/a> yesterday. The two zones are expected to bring in some USD 3 bn in local and foreign investment. <\/p>\n

The projects will be developed in partnership with the private sector<\/strong>, with each zone \u2014 each covering 5.5 mn sqm \u2014 to be developed through the industrial developer system, which allows private companies to develop land for industrial use and take care of its management, operations, and marketing.<\/p>\n

The zone in Minya will be the first specialized textile hub in Upper Egypt,<\/strong> coming in with an investment cost of EGP 12 bn and set to create around 250k direct and indirect jobs. It is expected to bring in USD 1.5 bn in domestic and foreign investment once fully operational. El Wazir said that the zone will revive Minya\u2019s textile industry. <\/p>\n

Investors are already lining up for the Minya project<\/strong>, with Garment Export Council Chairman and Giza Spinning and Weaving CEO Fadel Marzouk previously telling Al Arabiya<\/a> before the zone was properly announced that it had already attracted the interest of more than ten Chinese and Turkish companies willing to commit investments to the project this year.<\/p>\n

What about the Fayoum zone? <\/strong>The Northern Fayoum zone will cost EGP 15 bn and aims to create 150k jobs and attract USD 1.5 bn in investment when fully operational. The zones will include a fully integrated textile manufacturing chain, ranging from spinning, weaving, and dyeing to ready-made garments and home textiles. <\/p>\n

The two zones will house a lot more than just industry<\/strong>, with the projects set to include service and logistics zones, industrial schools specializing in textile manufacturing, healthcare facilities, exhibitions, research hubs, marketing centers, and investor service centers.<\/p>\n

The government will help fast-track the projects<\/strong> by facilitating the implementation process to ensure quick implementation and operation, aiming to advance its plan to increase Egypt\u2019s textile exports from USD 2.8 bn to USD 11.5 bn within five years. <\/p>\n","protected":false},"excerpt":{"rendered":"

The textile zone in Minya will cost EGP 12 bn, while the one in Fayoum will cost EGP 15 bn<\/p>\n","protected":false},"author":1,"featured_media":663639,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[72,131,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"54711573-ff01-4224-86b1-a034dd40c3b1","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/659.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Minya, Fayoum are getting new textile industrial zones that could bring in USD 3 bn in investment","related_issue":[663622],"teaser":"The textile zone in Minya will cost EGP 12 bn, while the one in Fayoum will cost EGP 15 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.66f2d6c3-9646-4e5a-81c4-3e607e4e8374.mp3"},"yoast_head":"\nMinya, Fayoum are getting new textile industrial zones that could bring in USD 3 bn in investment - 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\/2025\/04\/13\/minya-fayoum-are-getting-new-textile-industrial-zones-that-could-bring-in-usd-3-bn-in-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minya, Fayoum are getting new textile industrial zones that 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The project will see the development of storage facilities, in addition to retail outlets and shops in the next three years, Supply Minister Ali El Moselhy said.\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609038,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/30\/golden-licenses-attract-mns-of-usd-in-fresh-investment\/","url_meta":{"origin":663638,"position":3},"title":"Golden licenses attract mns of USD in fresh investment","author":"enterpriseam admin","date":"30 October 2023","format":false,"excerpt":"Samsung is investing more than expected in a new phone assembly facility and EgyptSat Auto sees its first cars hitting the market in the back half of 2024","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1432.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572982,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/15\/the-top-infrastructure-stories-of-the-week\/","url_meta":{"origin":663638,"position":4},"title":"The top infrastructure stories of the week","author":"enterpriseam admin","date":"15 July 2020","format":false,"excerpt":"The top infrastructure stories of the week: The Electricity Ministry signed a EGP 4.6 bn agreement with Schneider Electric to build four electricity control centers, according to the local press. This comes as part of a larger EGP 8 bn plan.Cotton and Textile Industries Company signed a EGP 780 mn\u2026","rel":"","context":"In \"Cotton and Textile Industries Company\"","block_context":{"text":"Cotton and Textile Industries Company","link":"https:\/\/enterpriseam.com\/egypt\/tag\/cotton-and-textile-industries-company\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641906,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/indian-garment-maker-to-build-egp-1-bn-textile-factory-in-egypt\/","url_meta":{"origin":663638,"position":5},"title":"Indian garment maker to build EGP 1 bn textile factory in Egypt","author":"enterpriseam admin","date":"1 August 2017","format":false,"excerpt":"Indian garment maker Classic Fashion Apparel is investing EGP 1 bn to establish a new textile factory in Egypt, Trade and Industry Minister Tarek Kabil said on Monday, according to AMAY. The Jordan-based company plans to break ground on the project in January 2018 and begin production later on in\u2026","rel":"","context":"In "Manufacturing"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/663638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=663638"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/663638\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/663622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/663639"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=663638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=663638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=663638"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=663638"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=663638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}