The Egyptian Ministry of the public business sector recently launched a strategy to restructure all textile firms under the Cotton and Textile Industries Holding Company (CTIHC) to restore the stature of the textile industry in the domestic and global markets. It involves a plan to reduce the firms’ losses and raise profits with a total investment of EGP 21 bn. The strategy will be fully implemented by 2022. The government plans to quadruple textile and garment exports by 2025. The government has already started to implement a plan, at a cost of EGP 8 mn, to have 17 centres in Fayoum and Beni Sweif governorates to receive cotton crop directly from farmers avoiding intermediaries.