World Grain - June 2015 - (Page 88)

FEATURE A new plan for EGYPT T he government of Egypt, the world's largest importer of wheat, has announced a plan for a Logistic Center for Trade in the Port of Damietta, to handle and process grains. "This is a large national project that is no less important than the Suez Canal project," Prime Minister Ibrahim Mehleb said in remarks quoted by the newspaper Daily News Egypt. According to the International Grains Council (IGC), Egypt will import 17.5 million tonnes of grains in 2014-15, including 10.1 million of wheat and 7.3 million of maize. "While cereal and grain trade accounts for less than 15% of the global production, Egypt, the Arab world and SubSaharan Africa represent a substantial percentage of this trade (15%-20%), most of it traversing maritime routes through and around Egypt," the Egyptian Embassy in Washington D.C., U.S., said in a statement on the plan. "Egypt is utilizing this competitive advantage as a link between importers and exporters, and at the same time is building a strategic reserve for domestic usage." "Damietta was chosen to host the center due to several strategic advantages. It is connected on one side by road, railway and river to 15 grain-producing governorates, and on the other side it provides easy access to ports in the The Egyptian Port of Damietta is set to see a major infrastructure investment with the construction of a grain logistics center. Photo courtesy of the Port of Damietta. 88 by Chris Lyddon The world's largest importer of wheat to build a Logistic Center for Trade in Port of Damietta Mediterranean, Black Sea and North America. These ports serve as important import and export hubs for major grain producing and consuming nations." The new center will cover 3 million square meters and have a total storage capacity of 65 million tonnes. It will receive and handle grains and oilseeds as well as other commodities at four to six marine quays with a total length of 1,800 meters. ,WZLOOLQFOXGHVWDWHRIWKHDUWVLORVDQG¿EHUJODVVGRPHVZLWK the latest ventilation systems to store the grains. It will re-export grains, cereals and processed food commodities through modern facilities with a capacity to annually handle 12 million tonnes and will be connected to a transportation network (river, road, railway) with daily capacity of 40,000 tonnes. The project covers 3.96 million square meters of which 0.56 million square meters are within port borders. The rest is located northeast of it. The total storage capacity, short term and medium term, for processing, will be around 5-7 million tonnes simultaneously, enabling accumulated annual June 2015 / World Grain /

Table of Contents for the Digital Edition of World Grain - June 2015

World Grain - June 2015
Table of Contents
From the Editor-in-chief - Flour output data points to eating trends
Calendar of Events
News review - Ceremony marks opening of Whitewater Mill
ADM plans extensive improvements at Argentina port
Dangote Flour Mills hurts Tiger’s earnings
GrainCorp Oils increasing oilseed crushing capacity
Noble Agri appoints former ADM executive as CEO Jansen
Hovis names new CEO
Southern Africa nations facing food shortage
EBRD provides loan to Turkish edible oil producer
Gruma full steam ahead on European expansion
Oilseeds, grains push Wilmar earnings up 49%
GrainCorp earnings drop on smaller crop
ADM makes management appointments in key areas
ADM earnings surge on oilseed crush margins
Bunge returns to profit on soybean crushing
GrainCorp plans upgrades at 13 sites
Grain Market Review - Rice
Country Focus - Argentina
Technical Profile - Crustless pan bread favored in Argentina
Feature - Bridging a Gap
Feature - Chinese Reforms Creating Market Uncertainties
Feature - Investing in Food Security
Feature - Grain Storage and Handling Projects
Feature - IAOM Conference 2015
Feature - China, currency impacting markets
Feature - A new plan for Egypt
Feature - Team approach to marketing for Canadian grains
Canadian wheat customers share their experiences
Feature - IAOM MEA District Conference & Expo
Feature - Traders Utilizing Exchanges More than Ever
Supplier News
Product Showcase
World Grain Archive
Advertiser Index

World Grain - June 2015