Japanese trading and investment company Mitsui has reached an agreement to invest in Wadi Pourtly and its subsidiaries, focusing on enhancing breeding chicken production, broiler processing, and the manufacturing of processed food. The specific investment amount remains undisclosed. Mitsui aims to expand Wadi's agribusiness within Egypt and internationally, emphasizing the sale of these products.
The investment aligns with Mitsui's goal of strengthening its food and nutrition business cluster, contributing to overall health and well-being through food. As part of a broader Japanese aid program, Egypt is slated to receive a $110,000 grant to support small enterprises, reinforcing collaboration between the two nations.