{"id":595173,"date":"2019-09-18T03:50:50","date_gmt":"2019-09-18T03:50:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/farm-frites-opens-usd-40-mn-factory-aims-to-increase-exports-to-65\/"},"modified":"2019-09-18T03:50:50","modified_gmt":"2019-09-18T03:50:50","slug":"farm-frites-opens-usd-40-mn-factory-aims-to-increase-exports-to-65","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/farm-frites-opens-usd-40-mn-factory-aims-to-increase-exports-to-65\/","title":{"rendered":"Farm Frites opens USD 40 mn factory, aims to increase exports to 65%"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <b>INVESTMENT WATCH- Dutch food manufacturer <\/b><a href=\"http:\/\/www.farmfrites.com.eg\/\"><b>Farm Frites<\/b><\/a><b> has launched a new, USD 40 mn production line for producing potato chips <\/b>in 10 Ramadan City, the Investment Ministry <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A7-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%88%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D9%88%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD%D8%A7%D9%86-%D8%AE%D8%B7-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D9%81%D8%A7%D8%B1%D9%85-%D9%81%D8%B1%D9%8A%D8%AA%D8%B3-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%A8%D9%84%D8%BA-40-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1.aspx\">said in a statement<\/a>. \u201cWe aim to export 65% of the products manufactured here, and raise our export markets to 20 countries,\u201d 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. \u201cWe aim to export 65% of the products manufactured here, and raise our export markets to 20 countries,\u201d Managing Director of Farm Frites Egypt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":595174,"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":[8572],"tags":[72,564,125,131,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-food","tag-investment-watch","tag-manufacturing","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8da08b7e-3bed-4f1b-8913-14d5996a8f49","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/9\/1808.jpg","photo_position":"above","related_issue":[595168],"teaser":"","voice_url":""},"yoast_head":"<!-- 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Frites to finance the company\u2019s new USD 40 mn french fry production facility, according to Al Mal.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597197,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/farm-frites-egypt-to-invest-egp-300-mn-to-launch-new-product\/","url_meta":{"origin":595173,"position":1},"title":"Farm Frites Egypt to invest EGP 300 mn to launch new product","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Farm Frites to invest EGP 300 mn to launch new potato line: Farm Frites Egypt is planning to invest EGP 300 mn in two production lines to launch a new variety of pre-fried potatoes mixed with eggs and seasoned air-dried cured 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Rady provided no details on the planned investment. The company invested USD 500 mn in Egypt\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569114,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/13\/hc-securities-and-investment-to-make-usd-25-mn-direct-acquisition-in-1h2020\/","url_meta":{"origin":595173,"position":5},"title":"HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020","author":"enterpriseam admin","date":"13 February 2020","format":false,"excerpt":"M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn in 1H2020, CEO Hussein Shoukry told Reuters. Shoukry did not provide any further details and was not specific about what industry or segment the service company might be in. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/595173","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=595173"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595173\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/595168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/595174"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=595173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=595173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=595173"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=595173"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=595173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}