{"id":597057,"date":"2019-07-15T04:18:59","date_gmt":"2019-07-15T04:18:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/"},"modified":"2019-07-15T04:18:59","modified_gmt":"2019-07-15T04:18:59","slug":"edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/","title":{"rendered":"Edita to launch new products, construction on Morocco facility to begin next month"},"content":{"rendered":"<p>Edita Food Industries aims to launch a number of new products as part of expansion plans, Chairman <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14072019&id=d3950c37-872d-405b-ab01-800664d2443b\">Hani Berzi said<\/a>, without providing further details or specifying a timeframe. The company also plans to begin the construction of its snack food production facility in Morocco in August, rather than in July as <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/07\/edita-to-break-ground-on-usd-20-mn-morocco-production-facility-this-month\/\">we reported earlier this month<\/a>. The food producer <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\">last week<\/a> finalized a USD 20 mn loan agreement from the International Finance Corporation (IFC), which it will use for expansion at home and abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edita Food Industries aims to launch a number of new products as part of expansion plans, Chairman Hani Berzi said, without providing further details or specifying a timeframe. The company also plans to begin the construction of its snack food production facility in Morocco in August, rather than in July as we reported earlier this [&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":[191,72,564,131,316],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597057","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-edita","tag-enterpriseam","tag-food","tag-manufacturing","tag-morocco","wpautop","entry"],"acf":{"mongo_id":"bf9b4c0d-dc47-4b9a-8060-585ddc1fda08","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597031],"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 launch new products, construction on Morocco facility to begin next 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\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita to launch new products, construction on Morocco facility to begin next month\" \/>\n<meta property=\"og:description\" content=\"Edita Food Industries aims to launch a number of new products as part of expansion plans, Chairman Hani Berzi said, without providing further details or specifying a timeframe. 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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\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631328,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/edita-signs-agreement-with-dislog-for-morocco-venture\/","url_meta":{"origin":597057,"position":1},"title":"Edita signs agreement with Dislog for Morocco venture","author":"enterpriseam admin","date":"15 March 2018","format":false,"excerpt":"Packaged snack food producer Edita announced signing a partnership agreement with Morocco\u2019s Dislog Group, according to a company disclosure. The agreement follows an MoU signed between the two companies in December. According to the agreement, Edita and Dislog will start a snack food factory in Morocco under a greenfield investment.\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":635675,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/","url_meta":{"origin":597057,"position":2},"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. Edita signed an MoU\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":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":597057,"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":594145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/egyptian-snackfoods-giant-edita-receives-mad-15-mn-grant-from-morocco\/","url_meta":{"origin":597057,"position":4},"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. 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