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Egypt: Abdel Wahab Sons invests 20 mln for frozen vegetable factory

Abdel Wahab Sons Company for Exporting Agricultural Crops aims to increase the volume of its exports this year to 40,000 tonnes this year, compared to 25,000 tonnes last year, an increase of 60%.

Mohie Abdel Wahab, vice-chairperson of the company's board of directors, estimated the volume of the company's exports during the past year at about 25,000 tonnes and aims to increase it by about 60% during the current season, to reach 40,000 tonnes.

The company exports 80% of its production to Saudi Arabia, China, Oman, Russia, Ukraine and Malaysia, and it aims to increase its exports to those markets, besides opening up new export markets in the Netherlands, England and France.

The company produces 50% of the quantities required for export through cultivating its 1,000 feddans of land, and it purchases the rest by contracting with farmers and traders.

The company was established in 2005 and is specialised in exporting agricultural crops, including lemons, oranges, onions, watermelons, grapes, pomegranates, green beans and coloured pepper, and it has two sorting and packaging plants with a production capacity of 45,000 tonnes annually.

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