Egyptian agriculture produce refrigeration project examined

Published June 26th, 2001 - 02:00 GMT

A delegation representing the Arab Investment & Agricultural Development Authority is scheduled to arrive in Egypt to visit the site of the Arab Fruit & Vegetable Refrigerating, Drying and Storing Company.  


The Authority has invested seven million Egyptian pounds ($1.8 million) of the total EP 28 million in paid-up capital of this company, reported Al-Sharq Al-Awsat daily.  


One of the authority’s main goals is to encourage inter-Arab agricultural cooperation. The organization facilitates gatherings in which participants can exchange know-how, and consider investment opportunities. The authority’s capital was estimated at $ 450 million for the year 2000. ― (MENA Report)

© 2001 Mena Report (

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