Recent sugar venture improves Egypt’s agriculture
Date
7/24/2024 8:22:12 AM
(MENAFN) The Egyptian Countryside Development Company has embarked on a transformative endeavor by partnering with Nile Sugar to develop a vast 14,000-feddan area in the Extension of West El Minya Area, as part of Egypt’s ambitious 1.5 Million-Feddan Project. This initiative represents a strategic move towards cultivating sugar beet for the production of white sugar, alongside establishing essential agricultural and livestock facilities. The overarching goal is to align with Egypt’s Vision 2030 for sustainable development, aiming to bolster domestic agricultural production and reduce reliance on sugar imports.
The project is poised to commence with crucial engineering and well-drilling activities, laying the foundation for full-scale land reclamation and cultivation over the next three years. Leveraging state-of-the-art agricultural machinery and techniques, the initiative not only seeks to expand arable land but also promises to generate a multitude of employment opportunities in the region.
A key priority of the project is to cater to local market demands before considering any surplus for export. By prioritizing local needs, the initiative aims to significantly contribute to Egypt’s food security objectives. This strategic approach underscores Egypt’s commitment to enhancing its agricultural sector’s capacity and resilience, thereby fostering sustainable economic growth and stability in the region.
As the project progresses, it is expected to play a pivotal role in transforming Egypt’s agricultural landscape, bolstering its capabilities in sugar production, and establishing a robust foundation for future agricultural initiatives under Vision 2030. The collaboration between the Egyptian Countryside Development Company and Nile Sugar marks a milestone in Egypt’s agricultural development, promising substantial benefits for the economy, employment sector, and overall food security strategy.
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