Holding Company for Food Industries to build four factories at EGP 7bn cost

Cairo – Mubasher: The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, has inaugurated the food development and safety centre affiliated to the Holding Company for Food Industries in Qaha City. 

The centre, developed over 3,600 metres at a cost of EGP 90 million, is the first regional centre covering 27 governorates, El-Moselhy added in a statement on Monday. 

On the sidelines of the inauguration, Chairman of Holding Company for Food Industries, Ahmed Hassanein, revealed a plan to build four factories at an initial cost of EGP 7 billion, including three oil factories in Borg El-Arab, Delta, and Sohag and a detergent factory in El-Amriya, according to the Middle East News Agency (MENA). 

The factories will be built over areas not less than 100,000 square metres (sqm) over a period of three years, Hassanein added. 

Mubasher Contribution Time: 20-Sep-2021 14:09 (GMT)
Mubasher Last Update Time: 20-Sep-2021 14:09 (GMT)