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Global Grains Company Seeks Investment in Logistics Centre

Source: www.export-egypt.com 4/18/2015, Location: Africa

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A global company expressed interest to invest in the logistics center of Damietta, which will be established soon to turn Damietta Port into an international logistics hub for the trade of grains, said a statement by the Supply Ministry on 17/04/2015.

This came during a meeting held between Minister of Supply Khaled Hanafy and John Grossmann, Vice President of ADM Company, an American global food-processing and commodities-trading corporation.

The meeting tackled investments in the logistics center project, which will be established at a total investment cost of about EGP 13 billion.

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