Maintenance work at the Bani Walid Carpet Factory is at full swing to resume its production at full capacity after its ownership was passed to the Economic and Social Development Fund by a decision of the Presidential Council.
The factory sustained damage in the 2011 uprising, resulting in the suspension of several of its production lines.
The Economic and Social Development Fund will provide the factory with material and logistical support to get the factory back on its feet. It will also develop new production lines to ensure the quality and competitiveness of its products on the global market.
The Bani Walid Factory was established in 1983 as a subsidiary of the National Company for Spinning and Weaving before its ownership was transferred to the Economic and Social Development Fund in 2018.
The factory produces two types of carpets, including luxury carpets made of pure natural wool. Its products were showcased in several internal and external exhibitions, including the Tripoli International Fair and the Bani Walid International Tourism Festival, in addition to carpet exhibitions in Dubai and Germany.