Prime Minister Moustafa Madbouli visited Rich Land Food Industries factory as part of his tour in Sadat City on Saturday 02/12/2023, accompanied by Housing Minister Assem el Gazar, Local Development Minister Hisham Amna, Trade and Industry Minister Ahmed Samir and Menoufiya Governor Ibrahim Abu Laimoun.

At the beginning of the tour, Board Chairman of Rich Land Food Industries Ahmed Mohamed Abdel Qader said that the company works in the field of preserved food products including fruits, veggies, legumes, olives and ready-to-eat food products.

He said that the company was established with a capital of EGP 100 million by the end of 2021, adding that it follows a strategy that aims at maximizing the Egyptian resources and serving the global markets.

The company started activities in May, he said, adding that it was able to achieve success at the manufacturing and commercial levels with accreditations proven by global quality certificates and the National Food Safety Authority (NFSA).

The productive capacity of the factory in Sadat City is 500 tons, he said, adding that the factory is built on an area of 2,000 square meters.

The sales of the company and its contracts from March to October 2023 reached 4 million dollars and they are targeted to reach 20 million dollars by the end of 2024, he said.

MENA