Egypt invests EGP 34.2m in developing consumer complexes in 2020

Cairo – Mubasher: The Egyptian Ministry of Supply and Internal Trade has invested EGP 34.2 million in developing 61 consumer complexes during 2020.

In addition, 10 consumer complexes out of total 47 are being developed as part of its 2020/2021 plan, the Minister of Supply, Ali El-Moselhy, said in a press conference on Sunday.

He revealed that the country’s strategic reserve of wheat is sufficient for more than five months.

Egypt’s strategic rice reserves are enough for 11 months and sugar reserves are enough for three months, while oil, chicken, and meat reserves are sufficient for three, 13, and 25 months, respectively.

 

Mubasher Contribution Time: 27-Dec-2020 13:10 (GMT)
Mubasher Last Update Time: 27-Dec-2020 13:10 (GMT)