date:Feb 22, 2019
The Egyptian Nile Food Industries Company is planning to invest EGP 10 million (503,000) in a new potato processing factory next year. Production capacity at the factory is expected to reach 1,000 tons annually.
Mahmoud Hendy, the CEO of the company, said that the company is waiting for the licenses. He added that the company has achieved exports worth $12 million. It aims to maintain the export rate this year, noting that the company has a production line for frozen vegetables and fruits with