The signing ceremony was held at the General Authority for Investment and Free Zones (GAFI) in the presence of Hossam Heiba, GAFI’s CEO, and Michał Murkociński, Poland’s Ambassador to Egypt. Also attending were Engineer Ahmed El Sewedy, CEO and Managing Director of El Sewedy Electric, and representatives from both El Sewedy Group and Fruitful.
The agreement was signed by Engineer Mohamed El Kammah, CEO
of El Sewedy Industrial Development, and Yasser Moursy, General Manager of
Fruitful.
The project spans an area of approximately 8,000 – 8,853
square meters within SID's industrial zone. The advanced factory will produce
dried foods using Individual Quick Freezing (IQF) and Freeze Drying
technologies. Production capacity is expected to reach 600 tons monthly, with a
total annual capacity of 7,200 tons. The majority of the output is targeted for
export, adhering to the highest international standards.
The project is anticipated to create over 5,000 direct and
indirect jobs across various value chains, including strawberry and mango
farms, food processing plants, cold storage, and logistics services. It will
facilitate the transfer of advanced technology and technical expertise,
contributing to higher production efficiency and better quality of agricultural
and industrial products in Egypt.
Engineer Mohamed El Kammah emphasized that the entry of
Fruitful, as the first Polish investor, highlights the expanding base of
European partnerships within the company’s industrial cities. He described it
as a qualitative addition to the export-oriented food manufacturing system, particularly
in specialized industries reliant on advanced drying and storage technologies.
Hossam Heiba affirmed that the project reflects foreign
investors’ confidence in the Egyptian investment climate and embodies the
philosophy of public-private partnership. He highlighted GAFI’s role in
streamlining procedures and offering investment incentives and guarantees to
attract value-added industrial investments and boost exports.
Yasser Moursy stated that this investment is a significant
step in the long-standing, trust-based Egyptian-Polish cooperation. He noted
that Egypt was chosen due to its advanced infrastructure, genuine investor
facilities, and strategic location that supports access to regional and global
markets. He committed to making the project a successful model of cooperation
between the two nations.
The Polish Ambassador lauded the project as an important addition to the economic relations between Egypt and Poland, praising GAFI's role in supporting foreign investors and enhancing the business environment.