Egypt, South Korea discuss investment in poultry vaccine production
CAIRO – 16 May 2025: Alaa Farouk, Egypt's Minister of Agriculture and Land Reclamation, held a meeting with representatives of one of South Korea's leading poultry vaccine manufacturers to discuss potential investment in Egypt's poultry vaccine industry. The meeting was attended by Deputy Minister Mostafa El-Sayyad and senior ministry officials.
Minister Farouk emphasized the Egyptian government's strong support for investments that align with national priorities, especially in agriculture and related sectors. He underscored the government's commitment to improving the investment climate, facilitating procedures for investors, and integrating the private sector into key development projects.
Highlighting the strategic importance of the poultry and veterinary vaccine sectors, Farouk noted their essential role in ensuring food security and providing affordable animal protein. He affirmed Egypt's readiness to support such investments through the Ministry's technical bodies, including the Veterinary Serum and Vaccine Research Institute and the General Authority for Veterinary Services, ensuring smooth implementation and regulatory compliance.
Farouk also pointed out that this partnership could generate significant employment opportunities by transferring Korean expertise and introducing advanced technologies to Egypt. Establishing a vaccine production facility in Egypt could strengthen the country's export capacity, positioning it as a regional hub for veterinary vaccine production, particularly in Africa and the Middle East.
The Korean company, with over 50 years of experience and a portfolio of 85 veterinary vaccines, expressed interest in establishing a manufacturing plant in Egypt with an annual production capacity of 200 million doses. It also highlighted Egypt's competitive advantages, including its expertise in producing pathogen-free fertilized eggs.
Company officials indicated their willingness to collaborate with Egyptian research institutions, offering training and knowledge exchange to develop local talent and keep pace with the latest advancements in vaccine technology.
In conclusion, Minister Farouk directed the General Authority for Veterinary Services and the Serum and Vaccine Research Institute to coordinate closely with the Korean company to explore avenues for cooperation and eliminate any obstacles to investment.
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