{"id":596752,"date":"2019-07-07T04:43:50","date_gmt":"2019-07-07T04:43:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month\/"},"modified":"2019-07-07T04:43:50","modified_gmt":"2019-07-07T04:43:50","slug":"edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month\/","title":{"rendered":"Edita to break ground on USD 20 mn Morocco production facility this month"},"content":{"rendered":"<p>Edita Food Industries will begin constructing its USD 20 mn snack food production facility in Morocco before the beginning of August, <a href=\"https:\/\/almalnews.com\/%d8%a5%d9%8a%d8%af%d9%8a%d8%aa%d8%a7-%d9%88%d8%af%d9%8a%d8%b3%d9%84%d9%88%d8%ac-%d8%aa%d8%b6%d8%ae%d8%a7%d9%86-%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d8%a7%d8%aa-20-%d9%85\/\">Al Mal reports<\/a>. The plant will be built in collaboration with <a href=\"https:\/\/dislogroup.com\/\">Morocco\u2019s Dislog Group<\/a>, and is expected to begin production in 1Q2020. The project <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/15\/edita-signs-agreement-with-dislog-for-morocco-venture\/\">was first announced<\/a> back in March 2018, and was originally expected to cost USD 10 mn and start operations this year. The two companies <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/\">agreed to set up a JV<\/a> in December 2017 named Edita Food Industries - Morocco, with Edita owning a 51% stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edita Food Industries will begin constructing its USD 20 mn snack food production facility in Morocco before the beginning of August, Al Mal reports. The plant will be built in collaboration with Morocco\u2019s Dislog Group, and is expected to begin production in 1Q2020. The project was first announced back in March 2018, and was originally [&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":[9315],"tags":[191,72,900,131,316,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596752","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-edita","tag-enterpriseam","tag-food-and-beverage","tag-manufacturing","tag-morocco","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"6f8ef325-bb83-44fa-b590-a6d1be0a4668","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596716],"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>Edita to break ground on USD 20 mn Morocco production facility this month - 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\/2019\/07\/07\/edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita to break ground on USD 20 mn Morocco production facility this month\" \/>\n<meta property=\"og:description\" content=\"Edita Food Industries will begin constructing its USD 20 mn snack food production facility in Morocco before the beginning of August, Al Mal reports. The plant will be built in collaboration with Morocco\u2019s Dislog Group, and is expected to begin production in 1Q2020. 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The company also plans to begin the construction of its snack food production facility in Morocco in August, rather than in July\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":594145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/egyptian-snackfoods-giant-edita-receives-mad-15-mn-grant-from-morocco\/","url_meta":{"origin":596752,"position":1},"title":"Egyptian snackfoods giant Edita receives MAD 15 mn grant from Morocco","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"Edita receives EGP 25.4 mn grant from Morocco\u2019s gov\u2019t under manufacturing incentive program for foreign investors: Edita\u2019s Moroccan subsidiary, Edita Food Industries Morocco, has landed an MAD 15 mn (c. EGP 25.4 mn) grant from the Moroccan government. The grant is part of a Moroccan program to attract foreign direct\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":553525,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/edita-starts-operations-at-morocco-factory\/","url_meta":{"origin":596752,"position":2},"title":"Edita starts operations at Morocco factory","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"Edita Food Industries has started operations at its new production facility in Morocco, the company announced in a statement (pdf) on Sunday. The plant is the company\u2019s first greenfield investment outside of Egypt and makes the company\u2019s transformation into a manufacturer that exports to a host of regional markets into\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/244.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572592,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/30\/editas-morocco-arm-obtains-usd-8-2-mn-loan-to-fund-new-facility\/","url_meta":{"origin":596752,"position":3},"title":"Edita\u2019s Morocco arm obtains USD 8.2 mn loan to fund new facility","author":"enterpriseam admin","date":"30 June 2020","format":false,"excerpt":"Edita Food Industries\u2019 Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank\u2019s branch in the North African country, the company said in a regulatory filing (pdf). The loan\u2019s proceeds will be used for construction works and to purchase equipment and machinery for the\u2026","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":592223,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/02\/edita-al-baraka-bank-in-line-for-loans-from-ifc\/","url_meta":{"origin":596752,"position":4},"title":"Edita + Al Baraka Bank in line for loans from IFC","author":"enterpriseam admin","date":"2 August 2023","format":false,"excerpt":"The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for Edita","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/34.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635675,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/","url_meta":{"origin":596752,"position":5},"title":"Edita enters Morocco in JV with leading Moroccan distributor","author":"enterpriseam admin","date":"11 December 2017","format":false,"excerpt":"INVESTMENT WATCH- Todo and the gang are going to Morocco: Edita, the nation\u2019s largest producer of packaged snack food, announced (pdf) it will directly enter the Moroccan snack food market through a greenfield investment with Morocco\u2019s Dislog Group, a leading Moroccan distributor for top multinational brands. 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