The International Company for Agricultural Industrialization Projects (Beyti), a subsidy of the Saudi Arabia-based dairy firm Almarai announced it will invest EGP 4 billion in the Egyptian market.
The company will build a juice factory over an area of 70,000 square meters in Behira governorate north of Cairo, Beyti CEO Mohamed Badran said on Saturday at the Egypt Economic Development Conference.
The three-day international economic conference is currently held in Sharm el Sheikh and attended by hundreds of business executives and world leaders.