In North Africa, Egypt produces and exports cheese to markets in Asia, America and the African continent through the Riyada factory.
On Tuesday, December 10, 2024, as part of his tour of the industrial zone of Port Said South, Egyptian Prime Minister Dr. Moustafa Madbouly visited this factory specializing in cheese manufacturing.
During this visit, he explored different production areas, including the dairy product reception area, the production hall, the salting room and the decanting room dedicated to Flemish cheese. In addition, he attended a presentation of the factory’s flagship products.
In Egypt, the Riyada factory earns 2.2 million USD per year by exporting cheese
According to the explanations provided by Ramy Soudan, General Director of Riyada, the factory is the result of a successful partnership between Egypt and France, with a total investment of EGP 850 million.
In addition, it directly employs around 400 people and mobilizes 370 workers indirectly for distribution.
In terms of product distribution, 80% of production is intended for the local market, while 20% is intended for export.
Indeed, the value of the factory’s annual exports is estimated at 2.2 million USD, with shipments to varied markets such as Saudi Arabia, the United Arab Emirates, Kuwait, Morocco, Tunisia, Algeria, America, Vietnam, Jordan, Russia, Nigeria and Senegal.
On the other hand, it is worth noting that the factory relies 75% on local components for its manufacturing processes.
This strategy is part of a desire to expand its range by including cheeses such as Edam, very popular in Egypt.
This diversification, by reducing dependence on imports, would also save foreign currencies.
The Prime Minister praised the efforts made by the factory to produce a diverse range of cheeses meeting international standards, while serving the State’s objectives in reducing imports.
