The initiative comes as the country has been working for several years to structure the sector through the development of local processing capacity.
Farid stressed that Africa represents one of the key pillars of Egypt’s export strategy, given the free trade agreements linking Egypt with numerous African countries.
To accommodate the large-scale project, the Biosens Industrial Park is expected to expand from 29.6 hectares to 40 hectares, with a 60-hectare reserve site designated for future expansion.
The industry is compelled to adapt its preservation technologies to withstand geopolitical instability affecting global trade.
Brazilian exporters are now focusing on identifying alternative markets in Europe, Asia, and the Middle East to offset potential losses in the US market.