{"id":549875,"date":"2022-10-04T03:53:09","date_gmt":"2022-10-04T03:53:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/04\/lots-of-investment-flowing-into-logistics-hubs-and-cooking-oil-complexes\/"},"modified":"2022-10-04T03:53:09","modified_gmt":"2022-10-04T03:53:09","slug":"lots-of-investment-flowing-into-logistics-hubs-and-cooking-oil-complexes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/04\/lots-of-investment-flowing-into-logistics-hubs-and-cooking-oil-complexes\/","title":{"rendered":"Lots of investment flowing into logistics hubs and \u2026 cooking oil complexes"},"content":{"rendered":"<p><a id=\"tldr-story-10\" class=\"content-anchor\"><\/a> <strong>Supply Ministry tenders logistics + cooking oil complex projects, with more in the <\/strong><strong>pipeline: <\/strong>The Supply Ministry has four logistics and retail hubs in the pipeline, along with three cooking-oil complexes worth a combined USD 321 mn \u2014 and signaled we could see another cooking oil complex in partnership with Malaysia.<\/p>\n<p><strong>#1- <\/strong><strong>Retail & logistics hubs:<\/strong> The ministry is currently tendering two logistics and retail hubs in Kafr El Sheikh and Suez, Internal Trade Development Authority (ITDA) Deputy Chairman Walid Seif El Din told Enterprise. The ministry issued the conditions booklets for the two hubs, ITDA Chairman Ibrahim El Ashmawy said at a press conference this week. <a href=\"https:\/\/www.amcham.org.eg\/membership\/members-database\/6872\/vernbro-global-investment-vgi\">Sherif Younes\u2019 US-based Vernbro Global Investment<\/a> purchased the booklet for the Kafr El Sheikh logistics hub, while Al Rowad bought the booklet for the Suez retail hub, Seif El Din told us. The tenders will be awarded in two months, he added.<\/p>\n<p><strong>#2- <\/strong><strong>Logistics hubs:<\/strong> The ministry is separately planning to contract for two <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6b49058d-1eb4-4cf5-8661-1050f05a1698\">two logistics hubs<\/a> through direct order, Seif El Din confirmed to Enterprise. The first hub will be set up in the New Valley for sorting, freezing, packaging, and storing dates, while the second will be set up in South Sinai\u2019s El Tor, Seif El Din told us. He declined to confirm to Enterprise the investment values for the hubs, but had previously told <a href=\"https:\/\/bit.ly\/3ygiaEF\">Hapi Journal<\/a> that the ministry could offer up two hubs worth EGP 5.5 bn.<\/p>\n<p><strong>#3- Cooking oil complexes:<\/strong> Meanwhile, there are fresh tenders for three cooking oil complexes worth a combined USD 321 mn in Alexandria, Sohag and Al Sadat City, BDO Managing Partner Mohanad Taha said at a presser yesterday with Supply Minister Ali El Moselhy, according to <a href=\"https:\/\/gate.ahram.org.eg\/News\/3715960.aspx\">Al Ahram<\/a>.<\/p>\n<p><strong>#4- More <\/strong><strong>coming<\/strong><strong> with Malaysia?<\/strong> We could also see another cooking oil complex in the Suez Canal Economic Zone with Malaysian partners, El Moselhy said at the press conference, according to <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=02102022&id=86d4be4b-dfe4-4f8d-9853-6257095b70fd\">Al Shorouk<\/a>. The complex will serve as a collection point and a platform for exporting oil products, including palm oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply Ministry tenders logistics + cooking oil complex projects, with more in the pipeline: The Supply Ministry has four logistics and retail hubs in the pipeline, along with three cooking-oil complexes worth a combined USD 321 mn \u2014 and signaled we could see another cooking oil complex in partnership with Malaysia. #1- Retail &#038; logistics [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":549876,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9124],"tags":[72,7111,213,145,777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure-watch","tag-enterpriseam","tag-infrastructure","tag-infrastructure-watch","tag-logistics","tag-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"b9b43f0c-9bb4-414c-880b-3430277612d2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/122.jpg","photo_position":"above","related_issue":[549867],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The tenders are part of the Supply Ministry\u2019s logistics-focused internal trade strategy, which will see the establishment of several logistics zones\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605201,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/itda-to-tender-8-retail-and-logistics-centers-in-6-governorates\/","url_meta":{"origin":549875,"position":1},"title":"ITDA to tender 8 retail and logistics centers in 6 governorates","author":"enterpriseam admin","date":"24 December 2018","format":false,"excerpt":"The Supply Ministry\u2019s Internal Trade Development Agency (ITDA) will launch tenders for eight commercial and logistics centers in six governorates across Egypt, ITDA head Ibrahim El Ashmawy announced. ITDA has set up an investment map to identify each governorate\u2019s needs and issue tenders accordingly. Establishing logistics centers to cut down\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623387,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/29\/itda-awards-uctd-contracts-to-build-egp-1-bn-logistics-zone-in-qena\/","url_meta":{"origin":549875,"position":2},"title":"ITDA awards UCTD contracts to build EGP 1 bn logistics zone in Qena","author":"enterpriseam admin","date":"29 October 2018","format":false,"excerpt":"The Supply Ministry\u2019s Internal Trade Development Authority (ITDA) has awarded United Company for Trading and Distribution contracts to develop a EGP 1 bn logistics and commercial zone in Qena, ministry aide Ibrahim El Ashmawy said, according to Al Shorouk. The project, for which a tender was launched in September, will\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602489,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/itda-contracts-egyptian-foreign-investors-to-develop-egp-30-bn-logistics-centers\/","url_meta":{"origin":549875,"position":3},"title":"ITDA contracts Egyptian, foreign investors to develop EGP 30 bn logistics centers","author":"enterpriseam admin","date":"28 March 2019","format":false,"excerpt":"The Internal Trade Development Authority (ITDA) has awarded contracts to Egyptian and foreign investors to develop six logistics and commercial centers in Fayoum, Menoufia, Sharkia, Luxor, Beheira and Dakahlia worth a combined EGP 30 bn, the Supply Ministry said in a statement (pdf). The authority had previously awarded similar projects\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596187,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/egypts-itda-to-tender-five-logistics-centers-in-september\/","url_meta":{"origin":549875,"position":4},"title":"Egypt\u2019s ITDA to tender five logistics centers in September","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"The Internal Trade Development Authority (ITDA) will launch next month tenders to build five logistics centers in Kafr El Sheikh, Suez, El Wadi El Gedeed, Sharkia, and the Red Sea \u2014 at an initial investment cost of EGP 14.2 bn, Supply Minister Ali El Moselhy said. The planned centers will\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595978,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/15\/egypts-itda-to-start-building-egp-2-bn-logistics-zone-in-qena-next-week\/","url_meta":{"origin":549875,"position":5},"title":"Egypt\u2019s ITDA to start building EGP 2 bn logistics zone in Qena next week","author":"enterpriseam admin","date":"15 August 2019","format":false,"excerpt":"The Supply Ministry\u2019s Internal Trade Development Authority (ITDA) is expected to break ground next week on a EGP 2 bn commercial and logistics zone in Qena, ITDA boss Ibrahim El Ashmawy said told Al Mal. The early phase of the zone will be developed by the United Company of Pharmacists,\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549875"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549875\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/549876"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549875"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549875"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}