M. O. Group Sponsors the First Conference for Food Industry Exporters
By Mahmood ElAraby from Economic Gate
M. O. Group Sponsors the First Conference for Food Industry Exporters
M. O. Group sponsored the first-ever Food
Industry Exporters Conference, which was
held in the presence of the Minister of Investment and Foreign Trade.
The conference was a great success, bringing together representatives from leading food export companies, alongside government officials and economic experts.
The event aimed to shed light on the challenges facing the sector and discuss ways to increase Egyptian exports to global markets.
Hamdy Al-Abraq, Chairman of M. O. Group for Food Industries, emphasized that the group was eager to participate and sponsor the conference to enhance export opportunities and highlight the importance of the food industry in the Egyptian economy.
He stressed that the conference provided a significant opportunity for companies to exchange experiences and present practical solutions to expand into foreign markets.
Al-Abraq also noted that the active participation of the Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, added considerable weight to the conference, especially with the minister’s emphasis on the government’s commitment to providing full support to Egyptian exporters.
Al-Abraq further explained that the minister’s statements about President Abdel Fattah El-Sisi’s support for the export sector and the removal of obstacles facing companies had fostered optimism among the exporters.
The focus was on offering technical and logistical support to boost the competitiveness of Egyptian products.
Recommendations from the First Food Industry Exporters Conference
The conference concluded with several key recommendations aimed at supporting Egyptian food industry exports. Among the most notable was the emphasis on expanding export channels and strengthening partnerships with global markets.
The conference also called for the establishment of integrated logistics centers to facilitate the movement of food products through Egyptian ports and reduce customs restrictions that hinder exporters.
Participants underscored the importance of enhancing the quality of exported products by adhering to international quality standards, with a focus on improving supply chains to ensure that Egyptian products reach global markets in optimal condition.
Additionally, the conference urged the government to provide more investment incentives to startups in the food industry to expand their export activities.
In conclusion, Al-Abraq highlighted that Egyptian food industry exports had witnessed significant growth in recent years, achieving a 23% increase in the first seven months of this year.
He added that M. O. Group had achieved record growth of 80% in the export of dry confectionery, chocolate, and lollipops during 2023, reflecting the group’s commitment to strengthening its presence in international markets.
