Cairo - Mubasher: Edita Food Industries plans to invest nearly EGP 350 million to EGP 400 million in 2017, said CEO Hani Berzi, according to the newsletter of Enterprise.
“The opportunities we have today won’t come free of charge. Consumers are going to be very selective with post-float inflation. They won’t buy simply because something is cheap; they’ll direct their disposable income to things of quality,” said Berzi.
The company will currently focus on directing more spending towards finishing the construction of its biggest plant in Sixth of October city which scheduled to be delivered by the second quarter of 2017, added CEO.
