The meeting also reviewed coordination between the ministries of housing and the business sector to optimise the use of land belonging to some public sector companies in public interest.

Egyptian President Abdel Fattah El-Sisi recently met Prime Minister Moustafa Madbouly and other ministers to review textile industry modernisation plans, including those related to various stages of production, cultivation, cotton trade and development of processors and textile plants. He stressed on the need for optimal utilisation of state-owned assets.

The aim is to maximise the value of national resources and contribute positively to efforts to advance comprehensive development, an official release said.

Minister of housing, utilities and urban communities Assem El-Gazzar, minister of public business sector. Mahmoud Esmat, president’s advisor for urban planning major general Amir Sayed Ahmed and president’s advisor for financial affairs major general Mohamed Amin attended the meeting.

Fibre2Fashion News Desk (DS)