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Future Egypt upgrades storage and trading facilities
Egypt has focused on developing its agricultural and food systems through the establishment of the largest silos complex in the Middle East within the New Delta Project, with a storage capacity of up to 600,000 tons, aiming to reduce losses and improve crop quality. It has also established the Future Egypt Industrial City, which can accommodate 3.4 million tons of agricultural raw materials annually, to produce 1.7 million tons of products for the local market and export, thereby enhancing the added value of agriculture. Additionally, the Sphinx Grain Exchange Center has been established, making it the largest agricultural commodities trading hub in the region, with trading and storage capacity exceeding 20 million tons annually, aimed at regulating the market, reducing intermediary steps, and increasing the competitiveness of Egyptian products.
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