Foodico reveals developments on land plot

Updated 9/30/2020 11:24:36 AM

ArabFinance: Ismailia National Food Industries (Foodico) (INFI) held a meeting with the Secretary General of Ismailia Governorate Tamer Said to discuss the situation of the company’s land plot located within the city’s urban space, according to a September 30th disclosure to the Egyptian Exchange.

Foodico ensured that Said promised to study the matter and communicate with the company within 15 days from September 29th.

Earlier this year, Foodico said Ismailia governorate rejected converting any part of the company’s land to become a building area for residential purposes.