Agricultural Bank of Egypt, Giza Commerce Chamber to partner on developing poultry production
Published 26 Jul,2020 via Daily News Egypt - The Giza Chamber of Commerce plans to sign a cooperation protocol with the Agricultural Bank of Egypt (ABE) with the aim of developing poultry production in Egypt.
The protocol will also facilitate the establishing of poultry farms and slaughterhouse projects, as part of the state and Central Bank of Egypt (CBE) initiative to fund small projects with 5% declining interest rate.
Sameh Al-Sayed, Head of Giza Chamber’s Poultry Division, said the protocol’s terms are being prepared. These are set to include the formation of a joint committee to remove any obstacles for those wishing to obtain financing, whether for establishing slaughterhouses or new poultry farms.
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