Egyptian Prime Minister Madbouli Witnesses the Opening of Pan-Ocean Textile Phase III
Release time:
2023-03-23 00:00
On March 16, Egyptian Prime Minister Mustafa Madbouli visited the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, during which he visited the representative enterprise Egypt Pan Ocean Textile and witnessed the opening ceremony of its third phase project.
According to the person in charge of Pan-Ocean Textile, the project has an investment of 60 million US dollars and covers an area of 120000 square meters. It mainly produces home textiles such as clothing fabrics and blankets. The annual output of the project is 30000 tons, and the annual output value exceeds 0.15 billion US dollars. The third phase of the project can provide more than 2000 local jobs. The third phase of the project, which opened on the same day, is of great significance and will help the company build a whole industry system integrating the production and export of POY silk to clothing, home textile products and household goods.
After visiting Pan-Ocean Textile production line and Raschel (RASCHEL) blankets, carpets and other representative products, Prime Minister Madbouli highly affirmed Pan-Ocean Textile's contribution to Egypt's social and economic development, and sent a message on the bright future development of the project, saying that he would continue to support the growth of the project.
During the visit, Prime Minister Madabli expressed his concern and condolences to the front-line employees, and exchanged views with the employees on the work and living conditions in the company. Sales manager Mohamed Ibrahim El Tabakh proudly told the prime minister, "Our production process has a mature system from weaving to fabric printing, and a series of advanced printing and dyeing equipment. The company's products are not only competitive in price, but also of very good quality, so they are very popular in the market." He went on to say: "I have learned a lot of advanced textile and printing and dyeing technology here. Whenever I hear customers from Europe and the United States speak highly of our products, I am very proud, because it is produced in Egypt!"
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