EGP 64.5 Bn in Investments in Poultry, Broiler Meat ProductionSource: www.export-egypt.com 10/9/2018, Location: Africa |
|
|
|
Prime Minister Moustafa Madbouli said that the total investments in poultry and broiler meat production are estimated at 64.5 billion pounds.
This sector secures direct and indirect jobs for nearly 2.5 million persons, Madbouli said at a meeting with Agriculture Minister Ezz el Din Abu Steit. The meeting was also attended by Deputy Agriculture Minister for Animal, Fisheries and Poultry Affairs Mona Mehrez. It aims at following up means of developing the poultry industry in Egypt. Madbouli said Egypt managed to beef up its broiler meat and egg production from 1980 till 2017, stressing the importance of this sector in achieving food security and securing cheap and healthy sources of protein, said Cabinet Spokesman Nader Saad. Egypt is 100% self-sufficient from table eggs. It produces nearly 13 billion commercial table eggs annually, the spokesman said. In 2017, the number of licenses that were given to set up grandparent stock (GPS) farms increased to reach 8,334, compared to 1,362 licenses in 2016, the spokesman added. According to FAO report, Poultry production systems in Egypt are quite diverse, ranging from rural very small-scale, extensive poultry production to highly intensive systems with over 70,000 birds per house in industrial commercial systems. Commercial poultry farms of various sizes provide about 90 percent of chicken produced in Egypt, with the remaining 10 percent provided by the small-scale household poultry farms that are abundant in villages and cities. The meat production or broiler sector of the poultry industry has a pyramid structure with grandparents (GPS) at the top of the pyramid, the actual meat production birds (broilers) at the bottom and the broiler breeders (PS) in between the two. Broiler production is by far the largest element of Egypt’s poultry industry. The commercial broiler farms vary in production technology and size. |
|
Financials and Investment News in Egypt >> |
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |