7,000 factories facing closure: Federation of Egyptian Industries
Minister of Manpower Nahed al-Ashry - YOUM7 (Archive)
By THE CAIRO POST

CAIRO:  The Federation of Egyptian Industries said Monday that there are currently 7,000 factories in Egypt facing closure or financial problems due to political tension and a lack of security over the past three years.

Sources in the union told Youm7 Monday that President Abdel Fatah al-Sisi called concerned officials to make a list of closed factories and factories that could soon close in order to tackle the problem, minimize unemployment and increase local production.

The Ministry of Manpower announced Friday that more than 15,000 factory workers have lost their jobs since the 2011 January 25 Revolution, Youm7 reported.

Manpower Minister Nahed Hasan Ashry said in a press release that the ministry recorded more than 10,000 cases of irregular employment.

Egyptian workers have organized many strikes calling for increasing salaries, and one of the most recent strikes was by drivers at the Misr Petroleum Company in Suez. The strike lasted four hours Wednesday, according to Youm7. 

Previously, Fayoum Sugar workers restarted a strike Saturday after two weeks of waiting for bonuses, and for the dismissal of the company’s security manager in addition to other demands, Al-Bawabh News reported Tuesday.

The Free Egyptian Workers union Monday announced its solidarity with the Fayoum workers, VetoGate reported. They also called on the government to help the workers by interceding to solve their issues.

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