New mega factory planned in Egypt - insidedenim: Glo InsideDenim

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New mega factory planned in Egypt

17/12/2024
The Egyptian General Authority for Investment and Free Zones (GAFI) has announced a meeting with Chinese textile & apparel group Lutai to discuss its plans to build a vertically integrated factory in the country.

Expected to cover 500,000 square metres for an estimated $385 million investment, the new factory is eligible for the “Golden License”, a fast-track approval that guarantees all necessary permits within just 20 working days, as reported by Daily News Egypt.

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