Sunday 11/January/2026 – 01:26 PM
Dr. Mostafa Madbouly said OpinionS cabinetThe government aims to open between 50 to 60 new factories during the current year 2026, out of a total of 150 factories under construction.
Madbouly: We aim to open between 50 to 60 new factories during the current year
He explained during a tour of the Ain Sokhna region, accompanied by a number of ministers, that 9 new factories had been opened in the Ain Sokhna region, adding to about 150 existing factories in the Ain Sokhna region.
The doctor opened Mustafa MadboulyPrime Minister, “Shen Jin” Integrated Complex for Textiles, Printing and Dyeing, within the scope of the industrial developer “TEDA – Egypt” in the Sokhna Integrated Industrial Zone affiliated with the General Authority for the Suez Canal Economic Zone, in the presence of a number of ministers, the Governor of Suez, the Chairman of the General Authority for the Suez Canal Economic Zone, a number of the Authority’s leaders, representatives of industrial developers, and heads of companies implementing the projects; This is during his tour today in the Suez Canal Economic Zone to open a number of new industrial and logistical projects.
This comes within the framework of the state’s efforts to strengthen the textile sector and encourage industries capable of competing in local and regional markets.
The Prime Minister stressed that the opening of the project reflects the government’s orientation to deepen local manufacturing in the textile sector and enhance integration between local raw materials and modern technology, noting that the state pays attention to developing this vital sector, raising the value of Egyptian products and supporting exports.
While Walid Gamal El-Din, Chairman of the General Authority of the Suez Canal Economic Zone, pointed out that the “Shen Jin” complex represents an additional step in the series of the economic zone’s successes in attracting qualitative investments in the textile industries sector. It also represents added value by converting threads and fabrics into final products ready for export, while strengthening supply chains and logistical services related to the sector.
