A farmer tends to a wheat farm in the El-Dakahlia governorate, north of Cairo, in February. The government says that last year's wheat crop was much bigger than normal. Many private industry sources say that's not true. REUTERS/Mohamed Abd El Ghany
CAIRO - 8 may 2018: Head of the Internal Trade Development Authority (ITDA) Ibrahim Ashmawy and a delegation of the Italian Agency for Development Cooperation discussed establishing 15 silos, at a total cost of LE 250 million, for storing wheat and grains in several Egyptian governorates.
At a meeting Tuesday, Ashmawy asserted that the Italian side vowed to set up the silos vertically with large storage capacities.
The Egyptian companies will carry out the construction work of the silos while the Italian partners will be assigned with the electromatic works of the project, Ashmawy said.
Expansion in establishing silos is expected to improve the quality of bread due to the good storage system of wheat, a move that would contribute to boosting the economy as it will reduce the need for importing wheat, Ashmawy added.
He hailed the deeply-rooted relations binding Egypt and Italy as well as Italy's constant contributions to the Egyptian development projects, pointing out that the new project gains strategic importance as it aims to enhance Egypt’s food security.
Representatives of the Italian side expressed their pleasure for operating in Egypt, voicing their country’s keenness on expanding domains of joint cooperation.