Egypt to build largest textile city with $ 7 billion investment Minister of Trade and Industry Eng. Tarek Qabeel announced the start of procedures for the establishment of the largest textile and clothing city in Egypt in Sadat City.

The city's most important information

- The city is located on an area of ​​3.1 million square meters, the largest in Egypt for the textile industry

- New city capital $ 2 billion pumped over 7 years.

- 87% of the contribution of foreign investment in the city.

- Provides 160,000 direct jobs.

- The annual output of the city after its operation reaches 9 billion dollars.

- Establishment of a training school on the latest technology in the textile industry.

- Man Kay Investment Company giant is the executor of the project.

- Implementation of the first phase of the project from March 2018 to 5 stages.

- Completion of the first phase of the city in 2020 and includes 57 factories.

- Completion of the entire city by 2024.

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