USTDA Promotes Agribusiness in Egypt
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 www.ustda.gov. Interested U.S.
firms should submit proposals according to the instructions in the FBO
announcement.
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