International Courant
The Misrayon & Polyester Fiber Firm within the metropolis of Kafr al-Dawar, it managed to export the primary cargo of its manufacturing for the primary time in twelve years earlier than work resumed in January.
The procedures for transport the primary export cargo of 5 containers to Turkey have been accomplished, and different export shipments of 14 containers to Europe and Turkey are being ready in April.
Exports overseas will enhance by 150 p.c within the coming month, with greenback revenues reaching $1.25 million monthly, along with native gross sales that meet personal sector industrial wants imported from overseas, because the turnover amounted to LE 30 million. monthly.
Public Sector Minister Mahmoud Esmat confirmed that the second polyester fiber manufacturing line is anticipated to be put into operation throughout the subsequent two months, bringing manufacturing capability to 40,000 tons per yr.
He added that work is underway to equip the wire plant, the place three of the eight machines have been used for skinny, high-tensile wires.
Esmat stated the enterprise technique is to maximise returns on corporations’ property via good administration, investments and growing their assets.
After a twelve-year hiatus, Misrayon & Polyester Fiber Firm resumes exports
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