The latest chapter in the Neverending Ergot Story comes as the Supply Ministry is looking to develop 75 wheat silos over the coming two years, Supply Minister Ali El Moselhy said on Saturday. Each silo will have a storage capacity of up to 5,000 tonnes, he added, according to Al Borsa. It is unclear whether any of the aforementioned silos is part of the USD 150 mn second phase of the shouna development program which was awarded to Blumberg Grain. The company is developing 300 shounas in cooperation with the Armed Forces’ Engineering Authority.

Meanwhile, the Military Productions Ministry has formed a JV with Russian agriculture conglomerate Rusagro called Rusagro Egypt, which will develop mills and silos and manufacture machinery and equipment for them, Daily News Egypt reports.

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