Latest news with #AmrAbdelWahab
Daily News Egypt
06-07-2025
- Business
- Daily News Egypt
Egypt, Poland discuss cooperation in agriculture, food industries
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, received the Ambassador of Poland to Cairo, Michał Murkociński, and his accompanying delegation at the company's headquarters in Cairo. The meeting explored prospects for cooperation between Poland and Egypt's 1.5 Million Feddan Project—one of the region's largest sustainable agricultural initiatives. Discussions centred on partnerships with major Polish companies and institutions in the fields of agricultural mechanisation, smart farming, food processing, and sustainable development. The visit reflects the Egyptian Countryside Development Company's broader strategy to enhance international cooperation and attract foreign investment in support of the national project's goals. Among the key topics discussed were the transfer of Polish expertise in smart agriculture and the potential for joint manufacturing of advanced agricultural tractors in Egypt, combining local labour with Polish technology. The two sides also addressed opportunities for expanding renewable energy solutions across the project's territory, and strengthening agricultural value chains through food industry cooperation. The talks further considered the potential for partnerships between Polish companies and local investors, including young land beneficiaries, with the aim of boosting productivity and ensuring sustainable practices. Amr Abdel Wahab emphasised that the 1.5 Million Feddan Project offers vast opportunities for serious and mutually beneficial collaboration, describing it as a model for modern agricultural development grounded in scientific and economic principles. 'We look forward to cooperating with the Polish side in agricultural technology, renewable energy generation, and food processing. We welcome all efforts that drive development and contribute to achieving food security for Egypt and the region,' Abdel Wahab said. For his part, Ambassador Murkociński expressed admiration for the progress achieved by the Egyptian Countryside Development Company in recent months, praising the project's ambitious vision and expansion plans. 'Poland has deep expertise in advanced agriculture and natural resource management. We see strong opportunities for cooperation in both the short and medium term, particularly given the solid bilateral ties between Cairo and Warsaw,' the ambassador noted. Both parties highlighted the importance of continued technical and economic exchanges, agreeing that upcoming visits will help define operational frameworks for cooperation. These visits will also allow Polish companies to explore opportunities in agricultural infrastructure development across Egypt's new countryside. The meeting concluded with an agreement to form joint working groups to study investment opportunities presented by the Egyptian Countryside Development Company and to develop implementation plans for future collaboration across various components of the 1.5 Million Feddan Project.
Zawya
12-03-2025
- Business
- Zawya
Egypt launches new initiative for expats to invest in 1.5mln Feddan Project
In a bid to enhance investment opportunities for Egyptians abroad, the New Egyptian Countryside Development Company has launched a new initiative titled 'Your Farm in Egypt,' in collaboration with the Ministries of Foreign Affairs and Migration and Egyptians Abroad Affairs. The initiative aims to enable expatriates to participate in the 1.5 Million Feddan Project, one of Egypt's largest agricultural and developmental undertakings. A Memorandum of Understanding (MoU) was signed between the Egyptian Countryside Development Company, represented by Amr Abdel Wahab, Chairperson and Managing Director, and the Ministry of Foreign Affairs, represented by Nabil Habashi, Deputy Minister for Immigration and Egyptian Expatriates' Affairs. This strategic partnership is designed to facilitate the engagement of Egyptians abroad in agricultural investments, contributing to economic growth and reinforcing Egypt's food security strategy. Abdel Wahab emphasized that 'Your Farm in Egypt' aligns with the national vision of involving all segments of society in major development projects. The initiative offers a direct link between expatriates and Egypt's mega projects, granting them a unique opportunity to invest in the agricultural sector and take part in the country's ambitious land reclamation and cultivation efforts. The 1.5 Million Feddan Project is a key pillar in Egypt's plan to expand agricultural production, enhance food self-sufficiency, and boost rural development. Through this initiative, Egyptians abroad will be able to acquire agricultural lands and engage in various agricultural and developmental activities, thereby strengthening their ties with the homeland while supporting Egypt's economic and agricultural expansion. Abdel Wahab noted that the government is committed to easing the investment process for expatriates by providing agricultural land, technical support, and logistical assistance throughout all project stages. He also revealed that the Egyptian Countryside Development Company is preparing a series of additional initiatives to expand investment opportunities for Egyptians abroad. These upcoming initiatives, developed in partnership with the Ministry of Foreign Affairs and other state entities, will further encourage diaspora participation in national development efforts.
Daily News Egypt
11-03-2025
- Business
- Daily News Egypt
Egypt launches new initiative for expats to invest in 1.5 Million Feddan Project
In a bid to enhance investment opportunities for Egyptians abroad, the New Egyptian Countryside Development Company has launched a new initiative titled 'Your Farm in Egypt,' in collaboration with the Ministries of Foreign Affairs and Migration and Egyptians Abroad Affairs. The initiative aims to enable expatriates to participate in the 1.5 Million Feddan Project, one of Egypt's largest agricultural and developmental undertakings. A Memorandum of Understanding (MoU) was signed between the Egyptian Countryside Development Company, represented by Amr Abdel Wahab, Chairperson and Managing Director, and the Ministry of Foreign Affairs, represented by Nabil Habashi, Deputy Minister for Immigration and Egyptian Expatriates' Affairs. This strategic partnership is designed to facilitate the engagement of Egyptians abroad in agricultural investments, contributing to economic growth and reinforcing Egypt's food security strategy. Abdel Wahab emphasized that 'Your Farm in Egypt' aligns with the national vision of involving all segments of society in major development projects. The initiative offers a direct link between expatriates and Egypt's mega projects, granting them a unique opportunity to invest in the agricultural sector and take part in the country's ambitious land reclamation and cultivation efforts. The 1.5 Million Feddan Project is a key pillar in Egypt's plan to expand agricultural production, enhance food self-sufficiency, and boost rural development. Through this initiative, Egyptians abroad will be able to acquire agricultural lands and engage in various agricultural and developmental activities, thereby strengthening their ties with the homeland while supporting Egypt's economic and agricultural expansion. Abdel Wahab noted that the government is committed to easing the investment process for expatriates by providing agricultural land, technical support, and logistical assistance throughout all project stages. He also revealed that the Egyptian Countryside Development Company is preparing a series of additional initiatives to expand investment opportunities for Egyptians abroad. These upcoming initiatives, developed in partnership with the Ministry of Foreign Affairs and other state entities, will further encourage diaspora participation in national development efforts.
Zawya
10-02-2025
- Business
- Zawya
Hassan Allam Holding launches Jinet Agriculture and expands agricultural land portfolio
Cairo, Egypt – Hassan Allam Holding is proud to announce the launch of Jinet Agriculture Corporation, a new subsidiary aimed at boosting agricultural productivity and sustainability in the region. As part of this initiative, Jinet Agriculture has acquired a substantial 14,100-feddan agricultural land plot in the West Minya extension area from the Egyptian Countryside Development Company 'El Reef El Masry'. The newly acquired land will be dedicated to cultivating a diverse array of crops to meet local market demands and enhance export opportunities. This project aligns with global Sustainable Development Goals (SDGs)by enhancing agricultural production, creating jobs, and supporting the national economy. Hassan Allam, CEO of Hassan Allam Holding, stated, 'The launch of Jinet Agriculture Corporation marks a significant addition to our commitment to developing communities and investing in accretive businesses that create lasting value. This expansion into agriculture and cultivation aligns with our broader vision of driving sustainable growth and making a meaningful impact in the regions where we operate.' "Major General Amr Abdel Wahab - Chairman and CEO of the Egyptian Countryside Development Company, commended Hassan Allam Holding for joining the investors benefiting from the lands of the 'Egyptian Countryside Development Company,' calling it one of the key national industrial and developmental pillars. He expressed confidence in the group's ability to meet the planned reclamation targets and create the necessary developmental impact on its land, which will also benefit and provide expertise to the small beneficiaries in the surrounding areas." Jinet Agriculture's expansion aligns with Egypt's Vision 2030 through reducing import dependency, increasing high-value crop exports, and fostering industrial-scale food processing to create a more robust agribusiness ecosystem. By leveraging modern cultivation techniques and investment in post-harvest processing infrastructure, the company aims to transform raw agricultural output into globally competitive food products. With a strategic focus on food security, agricultural exports, and value-added food industries, Hassan Allam Holding continues to expand its footprint in high-impact sectors that drive economic growth. About Hassan Allam Holding Hassan Allam Holding is one of the largest companies in Egypt and the MENA region, with more than 90 years of experience in the engineering, construction, and infrastructure sectors. The group operates in diverse sectors, including infrastructure, energy, water, industry, logistics, petrochemicals, and complex large-scale projects in Egypt and the MENA region. The founders of Hassan Allam Holding commenced operations in 1936, making it the oldest construction franchise in the MENA region, with a solid reputation, superior technical capabilities, and a diversified portfolio. With a legacy of identifying and investing in attractive infrastructure projects, the group has a current backlog exceeding USD 6 billion. The group is listed among the Engineering News-Record (ENR) top 250 global contractors.
Zawya
10-02-2025
- Business
- Zawya
Egypt: Hassan Allam launches Jinet Agriculture, expands agricultural portfolio
Egypt - Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary dedicated to enhancing agricultural productivity and sustainability. As part of this initiative, Jinet Agriculture has acquired 14,100 feddans of agricultural land in West Minya from the Egyptian Countryside Development Company. The newly acquired land will be used for cultivating a diverse range of crops to meet local demand and boost export potential. This initiative supports global Sustainable Development Goals (SDGs) by increasing agricultural output, generating employment, and strengthening the national economy. Hassan Allam, CEO of Hassan Allam Holding, highlighted the strategic importance of this expansion, stating: 'The launch of Jinet Agriculture Corporation reinforces our commitment to community development and sustainable business growth. Expanding into agriculture aligns with our broader vision of creating long-term value and making a meaningful impact in the regions where we operate.' Major General Amr Abdel Wahab, Chairman and CEO of the Egyptian Countryside Development Company, praised Hassan Allam Holding's investment in the project. He described the company as a vital player in Egypt's industrial and developmental sectors and expressed confidence in its ability to meet reclamation targets while benefiting small-scale farmers in surrounding areas. Jinet Agriculture's expansion aligns with Egypt's Vision 2030, focusing on reducing import dependency, increasing high-value crop exports, and developing large-scale food processing industries. By implementing modern cultivation techniques and investing in post-harvest processing infrastructure, the company aims to transform agricultural output into globally competitive food products. With a strategic emphasis on food security, agricultural exports, and value-added food industries, Hassan Allam Holding continues to expand its presence in high-impact sectors that drive economic growth and sustainability. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
