Cairo-Mubasher: The delegations of European Bank for Reconstruction and Development (EBRD) and Food and Agriculture Organization (FAO) confirmed that several global investors seek to invest in the grain logistics project which will be carried out in Damietta.
Egypt plans to build a logistics hub to store, trade and manufacture grains and seeds, which will cost a total of EGP 13.1 billion.
The delegation requested signing a memorandum of understanding (MoU) to help Egypt in its logistics hub, in addition to arranging a global conference in Cairo, to be attended by global seed investors and suppliers.
