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USTDA Promotes Agribusiness in Egypt

Tuesday, September 23, 2014

(USTDA)  CAIRO, EGYPT Today, the U.S. Trade and Development Agency awarded a grant to Hama for Food Industries, a leading Egyptian citrus supplier, in support of its plans to expand its processing and packing facilities. The feasibility study will provide recommendations on the implementation of high-capacity citrus sorting, grading and packing processing lines; cold storage technology and equipment; and juicing and corrugated carton operations.

"USTDA recognizes that agribusiness is the backbone of the Egyptian economy, providing employment for over half of the country's population," said David J. Ranz, Acting Deputy Chief of Mission at the U.S. Embassy in Cairo. "We are pleased to help our partners at Hama optimize their operations, which will foster a more efficient and productive local agribusiness sector."

The grant was signed by Mr. Ranz and by Mr. Lawrence Samour, Hama for Food Industries' Managing Director, in a ceremony at the U.S. Embassy in Cairo. Hama for Food Industries is a subsidiary of the privately-held Egyptian joint-stock company Hama Holding Investment Company.

The opportunity to conduct the USTDA-funded feasibility study will be competed on the Federal Business Opportunities (FBO) website. A link to the FBO announcement will be posted to USTDA's website at Interested U.S. firms should submit proposals according to the instructions in the FBO announcement.