Blumberg Grain was featured in a ZAYWA article this week titled Blumberg Grain unveils the first Aggregation Center of the Shouna Development Project in Egypt, an initiative supported by President Abdel Fattah al-Sisi’s Viva Egypt Fund. An excerpt follows:
Minister of Supply, Dr Khaled Hanafy commented, “This is a great achievement for the Egyptians, we are now moving towards a future with improved infrastructure which supports President Abdel Fattah al-Sisi’s vision to build a sustainable economy, which is open, inclusive, and transparent. Blumberg Grain has delivered a system that will transform our nation’s grain infrastructure and we look forward to the system being fully complete and integrated.”
The Shouna Development Project brings to Egypt the latest food security technology that will allow for screening, drying, cleaning, grading, and bagging of wheat. This will enable processing capacity of 3.7 million metric tons of wheat per year, and create 750,000 metric tons of new static storage capacity, in turn revolutionizing the local wheat harvest value chain in Egypt. A second phase of the project would see an additional 207 Shouna modernized, bringing the total up to 300 sites.
David Blumberg, Chief Executive Officer of Blumberg Grain, Middle East and Africa said, “Blumberg Grain is helping advance the Egyptian Economic Development Strategy Towards 2030, which seeks to improve infrastructure, build a modern and democratic society and create jobs. We want to thank President Abdel Fattah al-Sisi, the Ministry of Supply, and the Army Engineering Authority who have been the driving force of this project, assisting in turning concept into reality.”
To read the full article, click here. For more news and information visit Blumberg Partners.
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