Elsewedy Industrial Development, MAFI to Build Middle East's Largest Agricultural Food Industries Complex

February 2024

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Elsewedy Industrial Development, MAFI to Build Middle East's Largest Agricultural Food Industries Complex

Middle East's Largest Agricultural Food Industries Complex at Elsewedy Industrial Development’s Industria Sadat 

Elsewedy Industrial Development, a subsidiary of ELSEWEDY ELECTRIC, signed an agreement with MAFI for Agricultural Produce Industries to allocate a 154,000 square meter industrial land in Industria Sadat City. The contract signing took place between Eng. Ahmed Elsewedy, President & CEO of ELSEWEDY ELECTRIC and Chairman of Elsewedy Industrial Development, and Ahmed Abou Hashima, Founder and Chairman of MAFI. The ceremony was attended by Eng. Mohamed AlKammah, CEO of Elsewedy Industrial Development, and Sherif Tantawy, CEO of MAFI for Agricultural Produce Industries. 

Eng. Ahmed Elsewedy expressed his enthusiasm for the project, emphasizing its substantial contribution to the Egyptian economy. He highlighted that this complex aims to export 80% of its production capacity. Elsewedy also underscored the Egyptian industry’s competitiveness on a global scale compared to other countries. 

Ahmed Abou Hashima stated that the complex aims to support the Egyptian economy by maximizing the value of local agricultural resources through manufacturing. He expressed his satisfaction in collaborating with Elsewedy Industrial Development, highlighting that the complex will feature advanced technology in the agricultural food sector in partnership with major international companies.  

Further, he noted that the project will create over 7,000 direct and indirect job opportunities, thus helping to reduce unemployment. 

Eng. Mohamed AlKammah emphasized that the addition of the agricultural products industry enhances industrial diversity in Sadat City. He illustrated that the project is one of the largest complexes for agricultural products and food in the region.  

Highlighting Elsewedy Industrial Development's expertise, AlKammah indicated that the company has 15 years of experience in building and developing sustainable industrial cities. He further spotlighted the significance of Elsewedy Technical Academy that provides a qualified, trained technical workforce to serve investors within Elsewedy’s industrial cities. 

According to this agreement, MAFI will invest approximately $300 million to establish a complex comprising five plants. The complex will include two of Egypt's largest plants for producing orange concentrates, tomatoes, various fruits, and essential oils. It will also feature the Middle East's first Cloudy Products plant and one of the world's largest freeze-drying facilities.