| The Egyptian Holding Company for Silos & Storage has established in 2002 according to the decision of the Prime Minister no. 1682 at 2002 , the company shall manage, operate, develop silos activities, and in order to achieve this, the company has the following competencies: Establishment and operation of silos needed to store grain to meet the needs of the country through the Ministry of Supply and Internal Trade.Implement the approved policies, plans and programs for the development of silos activities and develop appropriate procedures.Receiving wheat from farmers and suppliers through the local wheat season and storing it in silos annually for consumption throughout the year.Maintaining grain quality through monitoring and carrying out the necessary maintenance.Eliminate the percentage of losses that reach about 10% to 15% as a result of storage in the Shaunas and the open air.Developing the storage activity in the field of grain in Egypt in order to preserve the stock and access to the least possible loss.Creating new attractions and agricultural expansion by encouraging farmers to grow wheat and grains next to the areas where silos are being built. |
Reduce the average price of wheat purchase throughout the year as a result of the entry of the global market for the purchase at the right time for the existence of safe balances within the country.