Egypt aims to acquire one million tons of wheat from new agricultural projects

Egyptian President Abdel Fattah al-Sisi has announced that the country is aiming to acquire one million tons of wheat from new agricultural projects in Toshka and Al-Owainat.

Speaking at the inauguration of the wheat harvest season in East Al-Owainat and the opening of a potato factory, the President said that "the alternative opportunity for the one million tons means their price is 350-400 million dollars according to wheat prices...We pay the price if there is a problem in the supply chains...I thank you and am very happy with this achievement in three years...we have reached the maximum limit in Toshka and East Al-Owainat... and work is still underway in the west of East Al-Owainat."

President Sisi added, "We need to transfer the population density from the Delta and Upper Egypt to be present here, and people to start living and working with job opportunities."

The announcement comes as the Egyptian government seeks to increase agricultural production and reduce dependence on food imports.

In recent years, the country has made significant investments in developing new agricultural projects and modernizing the sector to improve efficiency and yields.

The successful acquisition of one million tons of wheat from these new projects could help Egypt to further strengthen its position as a major player in the global wheat market.

The East Owainat project is the second largest giant agricultural project in southern Egypt for wheat cultivation, with an area of more than 186,000 feddans.

The East Owainat region is located in the southwestern part of Egypt, 365 km south of Dakhla Oasis in the New Valley Governorate, 500 km from Lake Nasser, where the soil is rich and devoid of pollutants, which makes it ideal, with an area of 528,000 feddans divided into plots, half of which are distributed to agricultural companies that produce a variety of crops estimated at three million tons annually.