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Egypt aims to become global grains hub
Egypt is aiming to establish a global grain supply center to enhance its food security and to play a regional and international role in the storage and trading of grains. Based on its strategic location and the presence of 19 improved ports and silos, Egypt plans to leverage its partnerships with Russia and its efforts in developing logistical infrastructure to increase its storage capacity and transform into a major hub for grain trade in the region. The project seeks to attract foreign investments and develop the transportation and storage sectors. It is considered a strategic step toward achieving food stability and reducing dependence on imports.
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