Egypt’s President Abdel-Fattah Al-Sisi held a meeting Wednesday with Prime Minister Dr. Mostafa Madbouli and Minister of Public Business Sector Hisham Tawfiq.
The meeting was also attended by Dr. Ahmed Mustafa، Chairman of the Holding Company for Spinning and Weaving (HCSW) and a number of senior officials.
During the meeting، the Public Business Minister reviewed the ministry’s plan for the development of the sector’s companies، especially weaving and textile companies، through introducing modern machines and equipment and developing marketing strategies، with the aim of increasing production capacities and expanding new products and markets inside and outside the country.
President Al-Sisi directed to develop the public sector-affiliated companies in accordance with the scheduled time plan.
Al-Sisi highlighted the importance of the public business sector that contributes to enhancing comprehensive development in Egypt.
The President also directed to carry out necessary studies and procedures to overcome the challenges faced by a number of public sector companies in order to complete the development process of these companies in the framework of the planned restructuring plan، stressing the importance of rehabilitating the human element and benefiting from their energy.