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Reading: 1st Cairo Food Summit spotlights challenges, opportunities of agriculture, food industries
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Dailynewsegypt > Blog > Business > 1st Cairo Food Summit spotlights challenges, opportunities of agriculture, food industries
Business

1st Cairo Food Summit spotlights challenges, opportunities of agriculture, food industries

Daily News Egypt
Last updated: 2023/02/20 at 10:42 AM
By Daily News Egypt 4 Min Read
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1st Cairo Food Summit spotlights challenges, opportunities of agriculture, food industries
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The inaugural Cairo Food Summit will be held on 27 February, with the support of Egypt’s ministers of supply and internal trade, international cooperation, agriculture and land reclamation, and trade and industry.

The event comes as a translation of the government’s commitment – under the leadership of President Abdel Fattah Al-Sisi – to fostering the development of the agricultural and food industries, in order to fortify the country’s push for self-sufficiency and stimulate GDP growth. The private sector is actively engaging in this endeavor, devoting substantial effort toward actualizing the country’s Vision 2030 objectives.

The summit’s opening session will include keynote speeches from Ministers of Supply and Internal Trade, International Cooperation, Agriculture and Land Reclamation, as well as Ambassador of the European Union and Ambassador of Italy. Held under the theme “Food Today & Tomorrow”, Cairo Food Summit will enable major stakeholders from different sectors to collaborate and network, and work side-by-side on achieving the sustainable development strategy of Egypt Vision 2030 and make sure that the country’s food sector can play its role in reaching it.

The event will bring together subject-matter experts from all sectors, including ministers, government officials, key opinion and thought leaders, to discuss the future of the food industry and explore ways to achieve food security and sustainable economic growth, through 3 specialized panels discussing Investing in Agriculture Efficiency and Sustainability, Egyptian Exports’ Outlook and Growth Potentials, Food Industry as Catalyst for Economic Growth. These in-depth sessions will cast light on the centerpiece industry of economic growth in Egypt, while painting a vision to address the sector’s challenges and capitalize on its available opportunities. Through the summit, opportunities and solutions will be generated to aid the development of the food sector that meets the nation’s goals of curbing inflation and meeting the long-term food security goals outlined in Vision 2030.

Alaa Ezz, Secretary-General of the Federation of Chambers of Commerce, and the Secretary-General of the inaugural Cairo Food Summit, spoke about the private sector contributing to the support of Egypt’s agricultural and food industries sector – which serves as a core support of Egypt’s economy. “The government and the private sector are working in tandem to bring Egyptian exports up to the $100 billion mark annually – something that is not attainable without a joint, strategic collaborative approach.”

Ezz added that there is an urgent need for an annual platform aimed at creating an open dialogue between government and private sector, “This will provide a comprehensive assessment of the agricultural and food industries, thus promoting constructive and tangible improvements. Business bodies, such as industrial federations, associations, and councils, enthusiastically endorse the progress agenda that the government set and is now being realized in partnership with the private sector.”

Cairo Food Summit is sponsored by Regina Co. for Pasta and Food Industries, StartUp Power; the renowned competition that was launched by Ahmed Abou Hashima in addition to a number of other institutions.

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