Almarai Inaugurates New Cheese Production Lines at Beyti Egypt, Strengthening Regional Expansion
Saudi Arabian food and beverage giant Almarai has officially opened two new cheese production lines at its Egyptian subsidiary, Beyti, marking a significant milestone in the company's regional growth strategy.
A USD 20 Million Investment Boosts Egypt's Food Industry
The new cheese production lines, inaugurated with an investment of approximately USD 20 million (EGP 1 billion), were launched during a ceremony on October 19. The event was attended by several high-profile officials, including Kamel El-Wazir, Egypt's Industry and Trade Minister, and Abdul Rahman Al-Dahhas, Deputy Ambassador of Saudi Arabia to Egypt.
The CEO of Almarai, Abdullah bin Nasser Al-Badr, was also present to highlight the significance of the investment for both Almarai and Egypt’s food production sector.
Supporting Egypt's Economic and Industrial Goals
During the event, Kamel El-Wazir emphasized the importance of this project in supporting the Egyptian government’s broader goals of increasing self-sufficiency in food production and reducing reliance on imports. He stressed that boosting local production through these new facilities would help position Egypt as a regional industrial hub for cheese production.
Abdullah Al-Badr reiterated Almarai’s commitment to delivering high-quality food products that meet the needs of consumers both in Egypt and internationally. He stated that this investment aligns with the company's mission of providing "Quality You Can Trust" and underscores their expansion strategy across the Middle East.
Increasing Production Capacity and Job Creation
With the new production lines, Almarai aims to significantly increase its production capacity at Beyti Egypt. Additionally, the company has ambitious plans to generate around USD 50 million (EGP 2 billion) in exports, supporting Egypt's growth in international markets.
The investment is also expected to have a significant impact on job creation, with the project forecasted to generate over 5,550 direct and indirect job opportunities, boosting the local economy and workforce.
Finally
Almarai’s expansion in Egypt through Beyti not only strengthens the company's position in the Middle East but also aligns with Egypt’s broader economic and industrial goals. With a focus on increasing self-sufficiency and export potential, this investment marks a key milestone in the region’s food production capabilities.
