Om El Nour Group for Food Industries plans to invest EGP 200m during the upcoming period, including EGP 150m to double the production capacity of oils, and add a new vegetable margarine-production line. The first factory “Sila” produces 5,000 to 7,000 tonnes of oils per month, according to Abo Bakr. He pointed out that the new investments of the group will belong to Sila Factory, where EGP 50m will be allocated to doubling oil production and EGP 150m to install new production lines of “shorting” margarine. Om El Nour is considering moving its pasta lines to the factory in Fayoum and adding new production lines during the upcoming period. African markets are followed by Libya and Jordan in terms of importance and priority to Om El Nour, according to Abo Bakr.

Source: Daily News Egypt October 03, 2017 08:03 UTC