Egypt’s Mintra seeks $1 billion exports backed by 5 new factories

Egypt’s Mintra – Misr For Industry & Trade is set to increase its exports volume to $1 billion after the actual production of its five new factories under construction, Managing Director Hany Kesis said.

He said that his company is working on completing its  shoes manufacturing factory. They had signed contracts to export 95 percent of its production to American and European importers within the first six months of the factory’s production.

On the other hand, Kesis stressed that the coming period requires bold decisions in production, manufacturing and export sectors, pointing to the economy will move forward only through bold reform procedures.