The Egyptian company "Nile Sugar Company" intends to produce sugar in Uzbekistan

    Business 2 October 2024 1616

    Minister Laziz Kudratov met with Emad Farid, CEO of the Egyptian company Nile Sugar Company, at the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan.

    During the conversation, the parties reviewed in detail the progress of the company's project to grow sugar beet and establish sugar production with an annual capacity of 200 thousand tons in the Jizzakh region.

    Representatives of Nile Sugar highly appreciated the conditions created in Uzbekistan for investment activities.

    As a result of the meeting, additional joint measures were developed to accelerate the construction of the project with the involvement of Egyptian experience and technology.

    For reference: The Egyptian company "Nile Sugar", founded in 2006, is part of the Orascom Group holding. It is the largest sugar producer in Egypt.