Mostafa Madbouly witnessed Daniel Yanoush, CEO of Feerum S.A., with Karim Sami Saad, CEO of East Port Said Development, and a board member of Ferum Eg sign contract
Share
Egypt’s Port Said development on Wednesday signed a contract for land allocation to Feerum Egypt for the establishment of silos manufacturing plant, as per a Cabinet statement.
The project, spanning 51,950 square metres, is being implemented within the framework of cooperation between Egypt and Poland.
This initiative aligns with President Abdel Fattah El-Sisi’s plan to localise strategic industries, especially in the Suez Canal Economic Zone.
Moreover, the deal is part of a broader effort to enhance national food security and strengthen local industry.