Wadi Al-Asria in Minya will become Upper Egypt’s first textile-dedicated city, with construction investments estimated at EGP 12 billion (~$315.79 million). Both cities will serve as models for specialised industrial hubs, featuring dedicated service and logistics zones.
Egypt will develop two integrated textile cities in Minya and Fayyoum, each spanning 5.5 million square metres, to attract $3.5 billion in investment and boost textile exports to $11.5 billion by 2030.
The cities will cover the entire textile value chain and include training, logistics, and R&D facilities.
Aligned with Egypt Vision 2030, the project aims to expand industrial GDP share and create jobs.
The two cities will encompass the full textile value chain—from spinning and weaving to dyeing, garments, home textiles, and supporting industries—creating a fully integrated production ecosystem. They will also house textile training schools, investor support centres, healthcare services, exhibition venues, logistics areas, and R&D hubs, Ministry of Industry said in a press statement.
Wazir highlighted the alignment of this initiative with Egypt Vision 2030, launched in 2014, and emphasised the role of industry as a pillar of national strength. He noted that while industry currently contributes about 14 per cent to the gross national product, the aim is to raise this to over 20 per cent.
He stressed that the growth of the industrial sector will create employment, generate foreign currency, and enhance living standards. The cities were strategically sited in Minya and Fayyoum due to their access to ports, roads, rail networks, residential zones, and workforce availability.
The project will follow the industrial developer model, in partnership with the private sector. Developers will oversee planning, infrastructure, operations, and marketing, with the government facilitating all procedures to ensure rapid implementation and contribute to sustainable industrial development in Upper Egypt.
Fibre2Fashion News Desk (SG)
