Egypt’s GASC unveils new wheat tender under World Bank programme

Egypt’s state grains buyer, GASC announced on Saturday an invitation for a tender to purchase wheat as part of food security programme funded by the World Bank.
GASC said the tender was to supply 30,000, 40,000, 50,000, 55,000 or 60,000 tons, plus or minus 5 percent at the sellers’ discretion, from the last crop on a C&F basis for shipment from Feb. 1-15 from any origin in the tenderbook. The wheat is set to be paid for at sight.
The deadline for offers is on Tuesday, December 27, 2022.
The tender is within the framework of the Emergency Food Security and Resilience Support Project, funded by the World Bank, under loan number EG-9399, GASC explained.
In June, the World Bank board approved a $500 million loan to fund wheat imports for Egypt, one of the world’s biggest wheat importers.
“The Emergency Food Security and Resilience Support Project will help cushion the impact of the war in Ukraine on food and nutrition security in Egypt,” the World Bank noted.