The claps
Edita has officially launched its Morocco facility, which began operations last December.
The Deets
The factory is a result of EGP 382.5 million of investments so far, with EGP 320.3 million to come for expansion and more product lines.
The factory is operated by Edita Food Industries Morocco, a joint venture in which Edita has a 77% stake. The facility also occupies 300 workers with more production lines to open.
Why this matters
Edita stated that it plans to invest EGP 400 million in increasing production capacity, & tapping new market this year. Edita also plans to penetrate another market in the next 5 years
