Arab Finance: Al Dahra Company – Egypt, one of the largest innovative strategic investors in the sustainable agriculture sector, announced its strategic plans to enhance food security and support the local economy in Egypt. This came during a press conference in which the company reviewed the volume of its business and its strategy, which aims to produce and export high-quality agricultural crops and animal feed, according to the statement sent on November 19.
Al-Dhahira Company – Egypt owns 67,000 acres, including more than 40,000 irrigated acres, distributed among four farms in three strategic locations in Toshka, East Al-Owainat, and Al-Salhiya, in addition to a 20-megawatt solar power station.
The company produces a variety of basic crops, including wheat, sugar beets, corn, animal feed, and citrus fruits, confirming its pivotal role in supporting Egypt’s food security.
The company has succeeded in becoming the largest wheat producer in the private sector over the past three years. Since its establishment, the company has also reduced the import bill by more than 250 million US dollars by supplying 450,000 tons of wheat to government silos, in addition to producing more than 300,000 tons of corn and sugar beets.
Al-Dhahra – Egypt contributes to supporting the local economy and meeting the country's needs for hard currency, by exporting some crops, such as citrus fruits, to Europe and Southeast Asia. This year, the company was among the top 10 citrus producers/exporters in Egypt.
On this occasion, Engineer Raouf Tawfiq, CEO of Al Dahra Company – Egypt, said: “Al Dahra Company’s strategy is based on three main axes, which are producing strategic crops, supporting exports, and adopting sustainable agricultural methods, to achieve the highest productivity per acre.” “With a focus on land reclamation and establishing sustainable agricultural projects using the latest technologies, we have so far invested more than $250 million and will continue to invest in modernizing machinery and irrigation systems in addition to increasing the area of our cultivated land.”
He added: “The company adopts a balanced approach, which gives priority to meeting the needs of the local market through expansion of crops, in addition to increasing exports by entering new markets with innovative products. The company is also keen on committing to sustainability, as we use the latest technologies such as satellite monitoring to irrigate the soil and its quality. “Water resource monitoring, and precision agriculture to ensure optimal use of our resources. By adopting these advanced systems, we enhance productivity and reduce our environmental impact, contributing to a more sustainable future.”
It is worth noting the efforts of the company's team of 600 employees in achieving the exceptional levels of productivity that we witness today. The packaging factory is also managed almost entirely by a female team, which promotes women's empowerment and gender equality. This initiative is in line with Egypt’s Vision 2030 and our company’s vision to achieve a comprehensive and balanced work environment.
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