Made-in-Egypt silos: Elsewedy Electric has inked an MoU with Swiss tech firm BühlerGroup and Jordan-based firm IBC Group to work towards localizing the manufacture of grain silos in Egypt, according to a statement (pdf) from Elsewedy.

Who does what? Elsewedy and IBC will “spearhead the initiatives” to localize silo manufacturing, enhance food security, and help the sustainable development of the country’s agricultural sector. Bühler Group will contribute with technical support and research and development expertise, according to the statement.

Déjà vu? Talks held with the Belarusian side earlier this week also dealt with establishing grainsilos in Egypt to serve the Egyptian market and export to other countries.

What they said: “By localizing strategic industries like grain silos, we strive to foster deeper manufacturing of components, and ultimately replacing imports with domestic production. Furthermore, this synergy will unlock avenues for exports, further solidifying Egypt’s position in the regional food security landscape,” Elsewedy Electric CEO Ahmed El Sewedy said.

Remember: For years, the state has been working to boost its wheat storage capacity, building more silos and taking out loans to invest in silo development, all with the aim of ensuring none of our local harvest goes to waste due to lack of sufficient silo capacity and increasing wheat reserves. The Supply Ministry has a plan to increase the country’s silo capacity to 5.3 mn tons from its current 2.1 mn tons and cut down on the percentage of wheat that is wasted in the harvest and storage process.

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