Egypt plans US$2bn carbon-neutral textile city (opens in new tab)

CAIRO – Egypt has announced ambitious Chinese-backed plans for a US$1.5bn to US$2bn textile industrial city in Port Said. Officials say it would be the first integrated carbon-neutral textile manufacturing hub in the Middle East and North Africa. The project, called Egyptian Textile Industries City – Cloud Chain, is being developed in partnership with Chinese [...] The post appeared first on .