Cairo 3A for Agricultural and Animal Production, a subsidiary of Cairo 3A, is an Egyptian company that specializes in agricultural business. Ali El Gamil, CEO of Cairo 3A, told Daily News Egypt that 90-95% of the company’s frozen fruits and vegetables production is exported, with a value of $70m this year, compared to $50m last year, to about 68 countries. Cairo 3A Poultry, a market leader in the poultry industry in Egypt, plans to invest EGP 800m in building a factory for processed poultry products on an area of 30,000 sqm, in Sharkia Governorate. It also plans to establish fattening poultry farms to meet the Egyptian market demand with investments of EGP 200m, according to CEO Ibrahim Wagdy. Despite the drop in sales of the local market by 30-40%, Cairo 3A Poultry aims to increase its sales by 20-25% in the next year, Wagdy said.

Source: Daily News Egypt January 01, 2024 14:12 UTC