Food Industry
The sector boasts investments exceeding 500 billion EGP, with more than 7,500 officially operating establishments providing over 7 million job opportunities. Additionally, the food industry contributes approximately 14% of Egypt’s total exports, emphasizing its importance in driving economic growth and enhancing international trade.
Egypt Today highlights the importance of the new city and its production capacity in terms of food supplies.
The Council indicated in a statement, Monday, that the exports of last March are the highest value of exports for the first half of 2021, with a value of $382 million.
The measures aim to legalize food businesses in the informal sector and to improve food quality.
The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management
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