Italy to grant $3.6m to Egypt factories

An Egyptian worker preparing threads on a machine at a factory in Cairo, Egypt on 29 July 2018 [Khaled DESOUKI / AFP/Getty]

The Director of the Italian Agency for Development Cooperation, Martino Milli, said that work is currently underway to grant €3 million ($3.6 million) to develop a number of projects in Egypt.

Milli said that the grant includes €1 million ($1.2 million) to support the city’s leather manufacturing industry, a further million to support the marble and granite industry in Shaq Al-Thubaan area in the Maadi neighbourhood, south of Cairo, and one million euros for the furniture industry in the city of Damietta.

The National Service Projects Organisation of the Egyptian Armed Forces had implemented a huge project for the spinning and weaving industries, inside the Rubiki Industrial City.

READ: Egypt state-run newspaper threatens that EIPR founder may ‘vanish’

Unless otherwise stated in the article above, this work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. If the image(s) bear our credit, this license also applies to them. What does that mean? For other permissions, please contact us.