• Egypt and Poland’s Feerum formed a joint venture, Feerum Egypt, to localize silo production for grain storage.

• The company will produce 80% of silo components locally within three years, covering 1.4 million tonnes of storage capacity.

• The project supports Egypt’s $718 million plan to expand national grain storage to 2.6 million tonnes by 2030.

Egypt has approved the creation of Feerum Egypt, a new joint-stock company that will manufacture grain silos domestically to strengthen the country’s food storage capacity. The announcement was made on November 6 in a statement published by the Ministry of Supply and Foreign Trade.

The new entity is a partnership between Egyptian construction firm Samcrete and Polish industrial company Feerum, which specializes in designing, producing, and installing grain silos and drying systems. The venture aims to reduce import dependency and support the government’s broader food security strategy.

Local Manufacturing Targeted Within Three Years

Minister of Supply Sherif Farouk said the project aligns with Egypt’s national storage development plan. Feerum Egypt will locally produce 80% of the components needed for grain silos within three years under a fixed-price contract denominated in local currency.

The company will supply equipment capable of handling 1.4 million tonnes of grain storage capacity during that period and export any surplus production to regional and global markets.

“The localization of silo manufacturing is not only an industrial project but a national food security initiative,” Farouk said. “It reflects the political leadership’s vision to make Egypt a regional hub for grain storage, strengthen self-sufficiency in strategic commodities, and ensure long-term market stability.”

The move follows the government’s November 2024 plan to allocate 34 billion Egyptian pounds ($718 million) to build new grain silos by 2030. The goal is to increase the country’s total storage capacity to 2.6 million tonnes, up from current levels.

By establishing a domestic manufacturing base, Egypt expects to cut import costs and accelerate infrastructure upgrades, reducing post-harvest losses and enhancing food security.

According to FAO data, Egypt produced an average of 21.7 million tonnes of cereals annually between 2021 and 2023, while importing an average of 20.3 million tonnes over the same period — making it both Africa’s largest producer and importer of cereals.

This article was initially published in French by Stéphanas Assocle

Adapted in English by Ange Jason Quenum