Pitcairn Food Industries has signed a contract to establish an $8 million (approximately EGP 400m) production facility in the Sokhna Industrial Zone, the Suez Canal Economic Zone (SCZONE) said in a statement on Monday.
The project, which will be located on 10,000 square metres within the Main Development Company (MDC) developer area, is expected to begin production in early 2027. The facility will have an annual production capacity of 18,000 tons of frozen potatoes and vegetables, alongside 73 million ready-to-eat meals intended for the aviation, hotel, hospital, and industrial sectors, as well as humanitarian relief efforts and regional exports.
The agreement was signed by Walid Youssef, Managing Director of MDC, and Emad Hamdi, Director of Pitcairn, at the SCZONE headquarters in the New Capital. The ceremony was attended by SCZONE Chairman Walid Gamal El-Din and several executive leaders.
The investment is expected to generate 450 direct jobs and comes as part of a government initiative to expand industrial companies with high export potential. The project is being coordinated with the Administrative Control Authority under Prime Ministerial Decree No. 151 of 2024.
Gamal El-Din stated that the SCZONE aims to localise 21 industrial, service, and logistics sectors to create integrated industrial clusters that meet international economic, social, and environmental standards. He noted that the readiness of world-class infrastructure and the integration between industrial zones and maritime ports have positioned the zone as a preferred destination for global investment.
The authority is working with all state institutions to deepen local industry and transfer advanced manufacturing technology, Gamal El-Din added. He emphasised that these efforts are aimed at boosting Egyptian exports and substituting imports to reduce the national import bill and support comprehensive economic development.