Supply Ministry Receives 16 Offers for Establishment of Commercial Chains Branches in Governorates
by Shaimaa Al-Aees (Daily News Eqypt) … The ministry is working on developing the production of the Egyptian Sugar and Integrated Industries Company (ESIIC) through the establishment of a trademark. This trademark is currently being negotiated with private sector companies.
ESIIC’s stock did not exceed 180,000 tonnes in the past season. It managed to export 42,000 tonnes of sugar to Kenya and 20,000 tonnes of ethanol to European countries. ESIIC is currently seeking to export products to African countries and contracted to sell 50,000 tonnes of ethanol at the cost of EGP 250m to an Indian company in Egypt.
We negotiated with a major global Chinese company to build three factories in Egypt to produce paper from sugar cane leftovers, with a production capacity of 100 tonnes per day for each plant, with investments of EGP 1bn.
The Chinese company will responsible for providing the full amount, in addition to the three factories built for packaging, according the latest quality standards, and with the capacity of 2,000 tonnes of sugar per day.
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