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UAE’s Al Ghurair plans to set up new projects in Egypt

UAE’s Al Ghurair plans to set up new projects in Egypt
The UAE-based firm has invested in a beet sugar production project in west Minya

Cairo – Mubasher: UAE-based Al Ghurair Foods plans to establish a slew of projects in Egypt in the coming period, according to the Egyptian cabinet’s statement on Tuesday.

The planned projects include a grain storage station at Damietta port with an unprecedented storage capacity as well as a transportation development project at Damietta branch, the company’s chairman Jamal Al Ghurair said.

The UAE-based firm has invested in a beet sugar production project in west Minya which involves 180 feddans being reclaimed and planted with beets as well as establishing the world’s largest beet sugar plant.

In addition, 80 groundwater wells were drilled, with plans to further drill 200 wells in the coming period, Al Ghurair added.