Al Canal Sugar has contracted El Deiab for Land Reclamation to reclaim 100k feddans in West Minya as the first phase of its plans to reclaim 181k feddans, according to a statement (pdf). The company did not disclose the value of the agreement. Al Canal is setting up a USD 1 bn sugar beet processing facility in West Minya, which will reach its full capacity of 900k tonnes in 2022, according to the statement.
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