Egypt approves $10 million citrus concentrate zone in Port Said to boost exports
The Egyptian Cabinet has recently approved the creation of a special economic zone in Port Said, focusing on the production of citrus concentrates. Spanning 10,000 square meters within the industrial area, the "Ghrs for Citrus Concentrates" zone aims to bolster the citrus industry by mandating the use of 100% locally sourced ingredients and requiring all production to be exported.
The zone will operate under the oversight of the General Authority for Investment and Free Zones, ensuring adherence to national safety and environmental standards. The project, with a $10 million investment, is anticipated to create over 300 jobs and produce 2,500 tons annually in its initial phase.