The Clap
International Agricultural Products (IFAP) will establish a company with an authorized capital of EGP 500 million.
The deets
IFAP agreed to co-establish the company with the help from a couple of other companies. The established company will be specialized in managing industrial projects, importing & exporting.
IFAP will own a 59% stake in the company, Ebda Projects Development will own 40%, and International Fertilizers and Chemicals company will own 1%.
More on International Agricultural products
Listed on the EGX since 1998, IFAP specializes in the food and beverage sector, along with trading crops and pesticides.
