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Thursday, 21 July 2016

Blumberg Grain’s completed storage system not operational due to weak power supply

Blumberg Grain’s shouna wheat storage systems, completed as part of phase one of a grain storage project undertaken with the Supply Ministry in 2014, had not been fully operational due to weak electricity supplies, said company chief David Blumberg, according to Al Borsa. He places primary responsibility for this on the Supply Ministry’s General Company for Silos and Storage (GCSS), which was apparently to supply the facilities with power. Mahmoud Abdel Aziz, head of the GCSS, retorted that he received no official complaint from Blumberg Grain on the situation. Al Borsa is also running an unsubstantiated claim from unnamed sources that Blumberg had written to the president on the situation and had set a deadline of 5 August for resolving the issue before pulling out of Egypt and abandoning the development of a 30 feddan grain treatment and assembly center in East Port Said.  

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