{"id":619465,"date":"2024-05-02T00:00:00","date_gmt":"2024-05-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/02\/elsewedy-electric-to-work-with-foreign-firms-to-localize-grain-silo-production\/"},"modified":"2024-05-02T00:00:00","modified_gmt":"2024-05-02T00:00:00","slug":"elsewedy-electric-to-work-with-foreign-firms-to-localize-grain-silo-production","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/02\/elsewedy-electric-to-work-with-foreign-firms-to-localize-grain-silo-production\/","title":{"rendered":"Elsewedy Electric to work with foreign firms to localize grain silo production"},"content":{"rendered":"

Made-in-Egypt silos: <\/strong>Elsewedy Electric has inked an MoU with Swiss tech firm B\u00fchler<\/a><\/a>Group<\/a> and Jordan-based firm IBC Group<\/a> to work towards localizing the manufacture of grain silos in Egypt, according to a statement (pdf)<\/a> from Elsewedy.<\/p>\n

Who does what? <\/strong>Elsewedy and IBC will \u201cspearhead the initiatives\u201d to localize silo manufacturing, enhance food security, and help the sustainable development of the country\u2019s agricultural sector. B\u00fchler Group will contribute with technical support and research and development expertise, according to the statement.<\/p>\n

D\u00e9j\u00e0 vu? <\/strong>Talks held with the Belarusian side earlier this week also dealt with establishing grain<\/a>silos<\/a> in Egypt to serve the Egyptian market and export to other countries.<\/p>\n

What they said:<\/strong> \"By localizing strategic industries like grain silos, we strive to foster deeper manufacturing of components, and ultimately replacing imports with domestic production. Furthermore, this synergy will unlock avenues for exports, further solidifying Egypt's position in the regional food security landscape,\u201d Elsewedy Electric CEO Ahmed El Sewedy said.<\/p>\n

Remember:<\/strong> For years, the state has been working to boost its wheat storage capacity, building more silos and taking out loans<\/a> to invest in silo development, all with the aim of ensuring none of our local harvest goes to waste due to lack of sufficient silo capacity and increasing wheat reserves. The Supply Ministry has a plan<\/a> to increase the country\u2019s silo capacity to 5.3 mn tons from its current 2.1 mn tons and cut down on the percentage of wheat that is wasted in the harvest and storage process.<\/p>\n","protected":false},"excerpt":{"rendered":"

The three sides will localize silo manufacturing, enhance food security, and help the sustainable development of the country\u2019s agricultural sector<\/p>\n","protected":false},"author":1,"featured_media":619466,"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":[152,72,131,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-619465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-elsewedy-electric","tag-enterpriseam","tag-manufacturing","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"7e87779d-cd05-4a95-aa61-ee6c6a1579c4","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1903.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Elsewedy Electric to work with foreign firms to localize grain silo production in Egypt","related_issue":[619456],"teaser":"The three sides will localize silo manufacturing, enhance food security, and help the sustainable development of the country\u2019s agricultural sector","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.708f5261-e7f4-4091-9811-b113cf03ebae.mp3"},"yoast_head":"\nElsewedy Electric to work with foreign firms to localize grain silo production - 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