company expressed interest in establishing the factory in Robiki leather city.
minister noted that the project will also be the first for the Germany company in the Middle
project is meant to magnify the benefit from wastes of tanning leather which
can be used in manufacturing gelatin.
the importance of the project at the economic level as the gelatin material is
a major component of several food and pharmaceutical companies.
will cater for local market needs of the gelatin material in lieu of importing
German company has 21 production lines in 13 states worldwide, including the US, Mexico,
China and South Africa.
underlined the government's keenness on accelerating economic growth,
especially through improving the investment climate.
this context, the government has amended several business laws, topped by the
new investment law.
GELITA's Chief Operating Officer (COO) Michael Van said the company will conduct a feasibility study on the project, noting that the company was interested in investing in Egypt.
He added that the factory's production capacity will stand at 300,000-400,000 tons annually.
lauded the progress realized in Robiki city, noting that all needed raw
materials will be available in this city.