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- Grain Silos Project (Phase II)
Grain Silos Project (Phase II)
Egypt
| Borrower | Egypt |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Agriculture |
| Approved | 04.12.2007 |
| Signed | 03.02.2009 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | The Ministry of Supply and Internal Trade. |
| Co-financiers | gov |
| OPEC Fund Contribution (US$m) | 10.00 |
| Total Project Cost (US$m) | 32.72 |
Poor grain storage has resulted in tremendous financial losses; the Egyptian Government thus plans on building 50 grain silos in 21 of the country’s governorates. Phase I, which was co-financed by OFID, constructed 20 metal silos. Phase II entails:
- construction of three metal silos, each with a storage capacity of at least 30,000 tons, on sites selected on the basis of their proximity to main roads and cultivation areas and the amount of grain currently being lost
- equipping of complexes with truck and railway receiving pits, delivery portals and scales, as well as tunnels and modern conveyance systems