التكنولوجيا وأخبارها بوابة مصر لأخبار تكنولوجيا المعلومات والإتصالات
Elsewedy Industrial Development, a subsidiary of ELSEWEDY ELECTRIC,
signed an agreement with MAFI for Agricultural Produce Industries to
allocate a 154,000 square meter industrial land in Industria Sadat City.
The contract signing took place between Eng. Ahmed Elsewedy, President & CEO
of ELSEWEDY ELECTRIC and Chairman of Elsewedy Industrial Development, and
Ahmed Abou Hashima, Founder and Chairman of MAFI.
The ceremony was attended by Eng. Mohamed AlKammah, CEO of Elsewedy
Industrial Development, and Sherif Tantawy,
CEO of MAFI for Agricultural Produce Industries.
Eng. Ahmed Elsewedy expressed his enthusiasm for the project, emphasizing
its substantial contribution to the Egyptian economy.
He highlighted that this complex, the first of its kind in terms of size and diversity in
the Middle East, aims to export 80% of its production capacity.
Elsewedy also underscored the Egyptian industry’s competitiveness on a global scale compared to other countries.
Ahmed Abou Hashima stated that the complex aims to support the Egyptian
economy by maximizing the value of local agricultural resources through
manufacturing. He expressed his satisfaction in collaborating with
Elsewedy Industrial Development, highlighting that the complex will feature
state-of-the-art technology in the agricultural food sector in partnership with major international companies.
Abou Hashima further emphasized that 80% of the complex’s production capacity
will be directed towards exports, thereby contributing to balancing Egyptian trade
and supporting the economy.
He also noted that the project will create over 7,000 direct and indirect job
opportunities, thus helping to reduce unemployment.
Eng. Mohamed AlKammah emphasized that the addition of the agricultural
products industry enhances industrial diversity in Sadat City.
He illustrated that the project is one of the largest complexes for agricultural products and food in the region.
Highlighting Elsewedy Industrial Development’s expertise, AlKammah
indicated that the company has 15 years of experience in building and developing
sustainable industrial cities.
Moreover, he underscored the significance of Elsewedy Technical
Academy, which provides a qualified and trained technical workforce to serve
investors within Elsewedy’s industrial cities.
It is worth mentioning that, under this agreement, MAFI will invest
approximately $300 million to establish a complex comprising five plants. The
complex will include two of Egypt’s largest plants for producing orange
concentrates, tomatoes, various fruits, and essential oils.
It will also feature the Middle East’s first Cloudy Products plant and one of the
world’s largest freeze-drying facilities. Additionally, the complex will house a
plant for freezing fruits and vegetables, significantly boosting the agricultural
food industry and increasing Egyptian exports of high-quality products worldwide.
