Chairman and CEO of Egypt’s Edita Food Industries Hani Berzi revealed that his company is planning to pump EGP330 investments within the current year in order to expand in the company’s factory in Sixth of October city.
In Statements to Amwal Al Ghad on Wednesday, Berzi added that Edita finalised the measures of expansions in Polaris- 6th of October industrial area from 35.000 meters to 50.000 with the aim of bolstering the capacity.
Edita has 4 factories in Kom Abou Radi, 10th of Ramadan city, 6th of October City and Polaris- 6th of October city.
Moreover, he noted in previous statements that Edita’s strategy is aiming to double its sales to EGP4 billion within the three upcoming years.