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Major Egyptian investment in Serbian agriculture announced

Christian Fernsby |
Egypt’s Cairo 3A group is interested in building a regional fruit and grain collection centre in Serbia, and subsequently also a fruit processing factory, it was announced after meeting between Senad Mahmutovic, state secretary at the Serbian Ministry of Agriculture, Forestry and Water Management, and the group’s CEO Ayman El Gami.

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Topics: EGYPT    SERBIA   

Mahmutovic said Cairo 3A was the largest food producer and grain importer in Egypt, as well as the country's largest fruit and vegetable producer.

“Today we discussed concrete possibilities for cooperation. What is very important to us is that they are the largest maize importers, while we are one of the countries that have the largest quantities of that crop available for exports. They expressed interest in building a regional centre in Serbia with a cold storage plant for the purpose of buying fruits from Serbia and neighbouring countries and exporting them to Egypt,” Mahmutovic said.

“In the next stage, a factory would be built there for processing fruits and producing concentrates that would be used for various products, juices, etc,” he said.

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