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January 28, 2018

Cairo Poultry Company (CPC) Land Allocation for Capacity Expansion

Cairo Poultry Company (POUL.CA on the Egyptian Stock Exchange – EGX), announced, the Ministry of Agriculture has allocated 2,750 acres at Matrouh Governorate for the establishment of grandparents and parents farms.
Total estimated investment cost is EGP1.05 bn. The project is aimed towards enhancing the sustainability of parent & broiler chick supply to fulfill the companys’ needs of breed chicks, and to meet to local market demand and increase market share. In addition, such expansion will benefit the feed business unit from extra feed sales.

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