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Sunday, 21 January 2018

Supply Ministry planning to raise Egypt’s wheat storage capacity 3.9 mn tonnes by 2022

The Supply Ministry is planning to raise Egypt’s wheat storage capacity 3.9 mn tonnes by 2022, ministry officials said at the state of the nation conference which took place over the weekend, Al Mal reports. Supply Minister Ali El Moselhy had said late last year that the ministry is looking to develop 75 wheat silos over the coming two years, with each silo having a storage capacity of up to 5,000 tonnes. The ministry had green-lit the development of 300 shounas as part of the second phase of Blumberg Grain’s shouna project, while the Military Productions Ministry has formed a JV with Russian agriculture conglomerate Rusagro called Rusagro Egypt, which will develop mills and silos.

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