INVESTMENT WATCH- Dutch food manufacturer Farm Frites has launched a new, USD 40 mn production line for producing potato chips in 10 Ramadan City, the Investment Ministry said in a statement. “We aim to export 65% of the products manufactured here, and raise our export markets to 20 countries,” Managing Director of Farm Frites Egypt Ahmed Seddik was quoted as saying at the opening. The company is also looking to add around five new products to its lineup of 18 products, he added.
Farm Frites opens USD 40 mn factory, aims to increase exports to 65%