{"id":568604,"date":"2020-01-28T04:04:21","date_gmt":"2020-01-28T04:04:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/"},"modified":"2020-01-28T04:04:21","modified_gmt":"2020-01-28T04:04:21","slug":"cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/","title":{"rendered":"CID, Germany\u2019s Gelita to set up EGP 1 bn gelatin factory in Egypt\u2019s Roubiki City"},"content":{"rendered":"<p><a href=\"https:\/\/cid-egypt.com\/\">Cairo for Investment and Development<\/a> (CID) has signed a contract with Germany\u2019s <a href=\"https:\/\/www.gelita.com\/en\">Gelita AG<\/a> to set up a EGP 1 bn gelatin factory in the CID-managed Roubiki Leather City, CID finance and administrative department head <a href=\"https:\/\/alborsaanews.com\/2020\/01\/27\/1289060\">Hosny Zayed said<\/a>. The factory will manufacture gelatin, both as a food additive and medical product, by extracting it from leather tanning waste. The facility will be 75% owned by Gelita, with the remaining 25% ownership split between CID and five other local investors. Zayed gave no details on the planned project\u2019s timeline. The project made headlines <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/10\/kabil-in-talks-with-germanys-gelita-to-build-egypts-first-gelatin-factory\/\">in 2018<\/a> after then-Trade Minister Tarek Kabil held talks with a delegation from the German company to discuss building Egypt\u2019s first gelatin factory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cairo for Investment and Development (CID) has signed a contract with Germany\u2019s Gelita AG to set up a EGP 1 bn gelatin factory in the CID-managed Roubiki Leather City, CID finance and administrative department head Hosny Zayed said. The factory will manufacture gelatin, both as a food additive and medical product, by extracting it from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568604","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"e3817891-0d76-40c4-b080-e6b719268042","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568578],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CID, Germany\u2019s Gelita to set up EGP 1 bn gelatin factory in Egypt\u2019s Roubiki City - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CID, Germany\u2019s Gelita to set up EGP 1 bn gelatin factory in Egypt\u2019s Roubiki City\" \/>\n<meta property=\"og:description\" content=\"Cairo for Investment and Development (CID) has signed a contract with Germany\u2019s Gelita AG to set up a EGP 1 bn gelatin factory in the CID-managed Roubiki Leather City, CID finance and administrative department head Hosny Zayed said. The factory will manufacture gelatin, both as a food additive and medical product, by extracting it from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-28T04:04:21+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CID, Germany\u2019s Gelita to set up EGP 1 bn gelatin factory in Egypt\u2019s Roubiki City\",\"datePublished\":\"2020-01-28T04:04:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/cid-germanys-gelita-to-set-up-egp-1-bn-gelatin-factory-in-egypts-roubiki-city\/\",\"name\":\"CID, Germany\u2019s Gelita to set up EGP 1 bn gelatin factory in Egypt\u2019s Roubiki City - 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If implemented, the gelatin production factory will be the first of its kind in Egypt, Kabil said, adding\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":588455,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/12\/negotiations-are-underway-for-investments-in-two-state-owned-pharma-firms-through-a-capital-increase\/","url_meta":{"origin":568604,"position":1},"title":"Negotiations are underway for investments in two state-owned pharma firms through a capital increase","author":"enterpriseam admin","date":"12 June 2023","format":false,"excerpt":"CID could soon have more than one shareholder","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/531.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572188,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/sfe-mulls-investment-in-state-owned-pharma-firm\/","url_meta":{"origin":568604,"position":2},"title":"SFE mulls investment in state-owned pharma firm","author":"enterpriseam admin","date":"15 June 2020","format":false,"excerpt":"INVESTMENT WATCH- Sovereign fund mulls investment in state-owned pharma firm: The Sovereign Fund of Egypt (SFE) is considering investing in state-owned pharma company Chemical Industries Development (CID) through its newly-established healthcare fund, Al Mal reports, citing sources familiar with the matter. 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Production will be earmarked for both for the local market and for export to Europe, a cabinet statement said. The factory is slated\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595797,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypt-to-tender-200k-sqm-in-the-robbiki-leather-city-in-4q2019\/","url_meta":{"origin":568604,"position":5},"title":"Egypt to tender 200k sqm in the Robbiki Leather City in 4Q2019","author":"enterpriseam admin","date":"6 August 2019","format":false,"excerpt":"State-owned Cairo for Investment and Development is planning to tender 200k sqm in the Roubiki Leather City in 4Q2019, CEO Yasser El Maghraby told the press. Land plots ranging between 1-5k sqm will be offered for investors looking to set up leather tanneries as part of the second development phase\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\/568604","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=568604"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568604\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568578"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568604"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568604"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}