The Cabinet has approved establishing “Feerum Egypt”, a joint-stock company formed by Egypt’s Samcrete and Poland’s Feerum, to localize the production of grain silos.

Egypt is implementing a national silo project aimed at increasing storage capacity for wheat and grains and maintaining a strategic reserve to secure the country's needs

Egyptian Minister of Supply and Internal Trade Sherif Farouk has met with Janusz Musialski, CEO of Feerum Egypt, a subsidiary of the Poland-based silo manufacturer Feerum, to mull over the localization of the silo industry in Egypt.

Ferrum Egypt is negotiating with four banks over securing a loan of EGP 1.8 billion for the construction of a silos factory in East Port Said.

Prime Minister Mostafa Madbouly met with the Chairman of Famsun Agrifarm Dai Jun to mull ways of increasing the firm's investments in the Egyptian market.

Egypt is considering increasing its silo storage capacity by 76% to reach 6 million tons of grains, cereals, and strategic goods by 2030.

East Port Said Development has signed a land allocation contract with the silos and storing company Feerum Egypt to establish a factory for designing, manufacturing, and constructing grain silos and their components, with investments of EGP 1.6 billionز

The Egyptian House of Representatives has approved the presidential decree endorsing a €56.743 million grant from the French Development Agency (AFD) to develop the storage capacities of wheat silos.

Egypt is planning to establish six wheat silos within 2024, with investments of $145.6 million.

A consortium of Abu Dhabi Ports (AD Ports) and Transcargo International (TCI) are preparing to launch a limited tender to assign the construction of nine silos with investments worth EGP 1 billion.