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Monday, 5 September 2016

Health Ministry still studying opening infant formula factory with armed forces as shortages grow

The Health Ministry has been studying the feasibility of opening a baby formula factory in Egypt in conjunction with the armed forces for the past four months, said Health Ministry spokesperson Khaled Megahed in an interview on Ten TV (runtime: 2:04). Four consultants have been commissioned to conduct the study, he added. Back in May, the Health Minister had announced plans to develop an infant formula production line, but had not presented details on how the plan had progressed, while Lacto-Misr Company had announced in April that was also studying building a EGP 200 mn factory. Pressure is mounting on the ministry to increase supply of subsidized formula as supplies contract as a result of the FX crunch and amid allegations of corruption in the distribution system.

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