Sun, 24 Jan 2021 - 12:08 GMT
Businessman Ayman el-Gamil
CAIRO – 24 January 2021: Egypt’s recent developmental and farming projects in Port Said and Sinai are promising and prove the state’s interest in agriculture and relevant activities as one of the pillars of national security, said businessman Ayman el-Gamil.
“The latest of these steps is President Abdel Fattah el-Sisi’s directives to reclaim and farm 100,000 feddans. Before that, he launched the Future of Egypt project, which includes 500,000 feddans on the northwestern coast. Besides projects for agricultural and animal industrialization, the national project for veal, dozens of fish farms, and other projects that have strengthened Egypt's capabilities and food production, contributing to achieving food security and strengthening national security,” the business tycoon told Youm7 on Sunday.
Gamil continued that Egypt’s leadership is aware that construction, industry, power and transport are not enough without the basic sectors that ensure food, internal stability and independence from foreign pressures that may emerge from international crises, political tensions or chaos in world trade.
The state’s attention to increasing local production, export and manufacturing capabilities bring about hard currency all help the market grow, enhance trade, multiply internal and external investments and ultimately establish development bases across Egypt from fish farms and agricultural and livestock areas to new urban communities, industrial zones and trade and logistic places, according to Gamil.
He referred to Fayrouz Fish Farming project in eastern Port Said near the Suez Canal Economic Zone, which connects more than five governroates together.
The project is the largest of its kind in the Middle East region, as it is founded on 15,000 feddans. It contributes to the development of the Suez Canal Economic Zone, and Sinai Peninsula through establishing industrial and urban complexes.
Fayrouz Fish Farmin project provides 10,000 job opportunities in different professions and specialties in this field.
It aims to bridge the gap between production and consumption; achieve self-sufficiency; reduce imports, increase exports to Arab and European markets and provide hard currency to support the national economy.