ArabFinance: General Company for Silos and Storage (GSSC) has signed a deal with Rowad Modern Engineering to establish a silo at West Port Said Port, according to a statement filed to the Egyptian Exchange (EGX).

The silo will be built at a cost of EGP 520 million, with a capacity of 100,000 tons, the company highlighted.

GCSS is an Egypt-based company engaged in the food processing industry sector.

The company is primarily involved in the manufacture, trade, import, export, storage, package, and distribution of different types of grain and its derivatives, foodstuff, and yeast, as well as animal feed and its components.