The Egyptian Cabinet approved a draft decision to establish a private free zone in the name of Ghars Citrus Concentrates Company, on a plot of land with an area of ​​10,000 square meters in the industrial zone south of Port Said, Port Said Governorate.

The investment costs of the project reach $10 million, and the project provides more than 300 job opportunities.

Additionally, the annual production volume in the first phase of the project is expected to reach 2,500 tons/season.

According to the resolution, the private free zone is designated for the production of citrus concentrates. The company is required to export no less than 100% of its annual production abroad and to use at least 100% locally sourced components in its products.

Additionally, the company must comply with industrial safety, civil defense, and fire safety regulations by the Egyptian code or the directives issued by the relevant minister concerning industrial facilities. Furthermore, the project must obtain approval from the Environmental Authority.

The General Authority for Investment and Free Zones will oversee the activities of the private free zone to ensure proper operations, compliance with the set conditions, and adherence to the required procedures for carrying out its activities.