US vaping-related deaths rise to 33, cases of illness to 1,479    Trump very grateful for ceasefire in northern Syria after Pence-Erdogan talks    Cairo metro back to normal operations following hours-long power disruption    Egypt's Pope Tawadros opens Saint Mary, Mar Youhanna Church in Belgium    After nearly three years of negotiation, European Union leaders approve Brexit deal with Britain    Apache Corp. plans to increase investments in Egypt: CEO    Egypt's Irrigation minister reviews latest developments of Ethiopia's Renaissance Dam in Budapest    PUBG MOBILE releases massive content update as Halloween, Payload mode coming    N. Ireland's DUP says it can not support PM Johnson's Brexit deal    Egyptian Premier League fixtures (4th matchday)    Tokyo 2020 Olympics head: Wants to discuss IOC plan to move marathon to Sapporo    Liverpool head to Manchester United with widest gulf in years    China hopes to reach phased trade deal with U.S. as early as possible: ministry    'Passports should be valid for six months,' Egypt's foreign ministry advises citizens planning travel abroad    Unpaid work hits 35% of Egypt's GPD, but still not included in economic calculations: IMF    Egypt's FM Shoukry holds talks with Lithuania's govt. chancellor    Egypt's c.bank Oks new regulations tightening control on micro-financing    Dollar, pound tread water, Aussie bolstered by jobs report    European stocks set for cautious open ahead of crucial EU summit    Egypt in talks with World Bank over solid waste management loan    Grand Nile Tower Arts & Cultural Centre launches second round    AUC students win prestigious award at SensUs 2019    Egypt's coach Hossam El-Badry satisfied with winning start despite technical problems    What next for the economy?    Hundreds released    Sliding inflation    Luxor's new discoveries    Moroccan film Nomades scoops awards in Alexandria Film Festival    Toshiba's JV with Egyptian Elaraby opens regional HQ in South Africa    Six authors vie for Booker prize 2019, Atwood in the lead    In Photos: A sneak peek into rehearsals for the Cleopatra ballet world premiere    Sisi, Ethiopia's PM to meet in Moscow to discuss GERD issue    Sisi: army engaged in attrition phase against terrorism in Sinai since 2013    10K fans to attend Egypt's friendly against Botswana in Alexandria: EFA    Sisi, Ethiopia's PM agree to overcome obstacles in Nile dam talks    Farwell to Egyptian comic actor Talaat Zakaria    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Riyada Egypt plans to increase its exports by 25%
Exports face fierce competition from Turkish products: Sudan
Published in Daily News Egypt on 20 - 02 - 2019

Port Said Food Industries and Dairy Products (Riyada Egypt) aims to increase its exports by 25% this year to reach $10m instead of $8m last year.
Chairperson of the company, Ibrahim Mohamed Sudan, said that Riyada Egypt plans to open new markets for its products in South Africa and East Asia as part of its plan to increase exports, as well as resume exports to markets that have been halted due to security disturbances and wars, including Yemen, Syria, Iraq, and Libya.
He pointed out that the company aims to inject investments worth EGP 200-230m over three years starting from this year to support the expansion plans and increase the capacity of production of packaging and cheese of different kinds.
“The company exports between 35 and 40% of its production to more than 22 countries in Africa, the Middle East, South America, Morocco, Jordan, and Saudi Arabia, while the domestic market accounts for 60-65% of production,” Sudan said.
The company relies on the import of 60% of raw materials, especially materials for packaging to raise the competitiveness of products.
He explained that Riyada Egypt owns a factory on an area of 40,000 sqm in Port Said with a capacity of 13,000 tonnes per month, with six production units, each of several production lines.
Riyada Egypt produces natural cheeses, cooked cheese, oriental and white cheeses, mozzarella cheese, as well as 10 gram butter for airlines and hotels.
Furthermore, he highlighted that the most prominent obstacles to export is the length of the shipment period of up to 30 days, in addition to the delay in the payment of subsidies for export and fierce competition by some countries, including Turkey.
Riyada Egypt was established in 2005 with a production capacity of 20 tonnes of milk per day. Its total capacity has since increased to 130 tonnes per day. It is a joint stock company owned by the family and works in the local market in the production and distribution of cheese.
Sudan said that the company has recently acquired the rights to package cooked mozzarella cheese of Kraft Foods Inc for the purpose of producing and distributing it in Egypt and a number of African countries due to the commitment and accuracy of the company in production that won it ISO 22000-ISO 9001-OHSAS 18001-Haccp, thus affirming the company's comprehensive quality and adherence to international standards.
Moreover he emphasized that Kraft Foods Inc had a plan to put its products in Egypt through local companies, and Riyada was chosen after competing with six other companies. He noted that they contracted on importing three production lines from Germany and Denmark to implement the expansion plan, which includes Kraft packaging products.


Clic here to read the story from its source.