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Related Keywords: 2025, Chinese government, Egypt, fabric, hub, planet, strategy, Textile, Vision

Egypt wants to become the next textile hub. The Government of the country has provided a budget of 21,000 million Egyptian pounds (1,160 million euros) for a plan to boost textile production in the country, with the aim of becoming the largest factory of fabrics on the planet.

The plan of the Government is to open four new factories and pave the ground for the installation of more. It also plans to increase aid to renovate machinery and strengthen the training of workers, according to Just Style.

Related Keywords: 2025, Agriculture, bales, cotton, Industry, Iran, self-sufficient, Textile, tons

According to Ebrahim Hezarjaribi, the executive of the Cotton Project at the Ministry of Agriculture, Iran’s annual cotton production will reach 386,000 tons by 2025, making the country self-sufficient in using the material in the textile industry.

Last Iranian year (ended March 20), the country’ self-sustainment coefficient stood at about 45%, he said, adding that figure in envisaged to reach 58% this year.

According to him, the cotton sowing area is expected to reach 82,000 hectares this year.

It is expected that 228,000 tons of cotton will be harvested this year, he added.