The Egyptian Holding Company for Silos and Storage, affiliated with the Ministry of Supply and Internal Trade, announced in a press release Sunday that there is a plan to build 60 new silos nationwide, and that the capacity of each would be 10,000 tons.
The company underscored that the new silos will be close to the production sites in order to reduce the costs of transport and fuel. It is noted that the construction of 25 silos are funded by an Emirati grant. Further, the company will expand the capacity of a number of silos in Upper Egypt to become 90,000 each instead of 30,000.