The General Authority for Investment and Free Zones (GAFI) has witnessed the signing of a land sale agreement between Elsewedy Industrial Development and Poland-based Fruitful, marking the first Polish investment in Elsewedy’s industrial projects and Poland’s entry into Egypt’s frozen food manufacturing sector.
Under the agreement, Fruitful will establish a state-of-the-art frozen food production facility at Elsewedy Industrial City in 10th of Ramadan City.
The signing ceremony was attended by Hossam Heiba, CEO of GAFI; Michal Murkociński, Ambassador of the Republic of Poland to Egypt; Ahmed El Sewedy, CEO and Managing Director of Elsewedy Electric; senior executives from Elsewedy Group; and representatives of Fruitful. The agreement was signed by Mohamed AlKammah, CEO of Elsewedy Industrial Development, and Yasser Morsi, General Manager of Fruitful.
The project will be developed on an area of approximately 8,000–8,853 square metres and will include an advanced frozen food manufacturing plant utilising Individual Quick Freezing (IQF) and freeze-drying technologies. The facility will have a production capacity of up to 600 tonnes per month, or around 7,200 tonnes annually, with the majority of output earmarked for export in line with international quality standards.
The investment is expected to generate more than 5,000 direct and indirect job opportunities across the value chain, including agricultural production, food processing, cold storage and logistics. It will also support technology transfer and the introduction of advanced technical expertise, enhancing efficiency and product quality within Egypt’s agricultural and food manufacturing sectors.
Mohamed AlKammah said Fruitful’s entry as the first Polish investor reflects the growing base of European partnerships within Elsewedy’s industrial cities and represents a qualitative addition to Egypt’s export-oriented food manufacturing ecosystem, particularly in specialised industries dependent on advanced drying and preservation technologies.
GAFI CEO Hossam Heiba said the project highlights foreign investors’ confidence in Egypt’s investment climate and reflects the government’s public-private partnership approach. He emphasised GAFI’s role in facilitating procedures and offering incentives and guarantees to attract high value-added industrial investments and boost exports.
Yasser Morsi said the investment marks an important step in Egyptian-Polish economic cooperation built on long-term partnership and mutual trust, noting that Egypt was selected for its advanced infrastructure, competitive investor incentives and strategic location providing access to regional and global markets.
Poland’s ambassador to Egypt described the project as a significant addition to bilateral economic relations, praising GAFI’s efforts to support foreign investors and enhance the business environment.
GAFI reaffirmed its commitment to supporting foreign direct investment, attracting advanced industrial projects and strengthening Egypt’s position as a regional hub for industry and exports.
