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- Operations
- Port Said Grain Storage Facilities
Port Said Grain Storage Facilities
Egypt
Borrower | Egypt |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 12.12.2018 |
Signed | 24.07.2019 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | General Company for Silos and Storage (GCSS) |
Co-financiers | Government |
OPEC Fund Contribution (US$m) | 14.00 |
Total Project Cost (US$m) | 32.74 |
To boost food security and reduce losses by building and equipping two new storage facilities that will increase capacity by 1.5 to 2 million tons of wheat grain each year.