The Governor of Sohag announces that one of the investment entities has won the usufruct right for the poultry production project

Major General Abdel Fattah Siraj, Governor of Sohag, announced the result of the public auction conducted today between a number of investment entities and companies working in productive and poultry investment, which ended with the award of the bidding to one of the companies, for a period of 15 years, at a value of 15.7 million pounds, increasing by 10% annually. .

This comes in implementation of the state’s plan for structural reforms for economic investment and investment policies, and in implementation of the state ownership document in all service sectors, especially in agricultural, livestock and poultry production, as this project was one of the productive projects managed in the governorate, which was liquidated and offered for public investment in the coming years, which The company obtained the usufruct right for the project.

The governor explained that this project will provide many job opportunities for the youth of the governorate, in addition to its effective contribution to increasing poultry and egg production, and ensures bridging the gap between market needs and actual production, which will have an impact in significantly reducing prices, as the project has been halting production since. 3 years. It will also contribute to breaking links between production and distribution sources, which will mitigate the effects of price increases and save foreign currency that is pumped for importing poultry and eggs.

It is worth noting that the project is located on an area of ​​550 acres, and includes 4 poultry production units, each unit containing 6 production sheds, in addition to an automatic slaughterhouse for poultry. It also includes a fodder production factory, in addition to two large refrigerators for preserving poultry.

The governorate will continue offering all productive projects for national and foreign investment, in implementation of the directives of the President of the Republic to encourage investment and facilitate all procedures for businessmen who are serious about pumping their investments into national projects, creating a kind of competitiveness in all local and foreign industries, and achieving the maximum benefit from these projects in order to achieve a return on profits. Egyptian citizen.