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FINANCIAL NEWS
Al-Bustaniya Egypt Agricultural Co.to invest USD 3.18mn
03 Feb 2016
(MENAFN) Al-Bustaniya Agricultural Development intends to help investments worth USD 3.18mn in order to improve the firm and increase exports by 20 percent for the recent season.
Accordingly, exports of light-weight vegetables and paper products valued to 9,000 tons a year earlier, while the products were exported to the European and Asian markets.
Additionally, the country is recently seeing the possibility of cultivating a tomato variety that can endure 12 days in transit in preparation to export the tomatoes to Russia.
Agricultural corps differs from other export commodities which is important to ensure that markets are available to absorb production.
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