Obourland Cheese Company to launch 2 factories with EGP 100m investments

Obourland Cheese Company is set to establish a new cheese factory and a new factory for juice and milk production, worth EGP 100m in total investments.

The cheese factory will include three production lines with investments worth EGP 50m to operate during the first quarter of 2015, according to a press release.

The announcement came during a joint press conference between Tetra Pak Egypt the world’s leading food processing and packaging solutions company and Obourland. During the press conference Tetra Pak announced Obourland is the fastest growing customer in Egypt over the past five years.

Moreover, Obourland will launch a new factory for juice and milk production with investments worth EGP 50m, which is expected to start during the second half of 2016 and will provide 500 new direct job opportunities, in addition to hundreds of indirect ones.

“These investments come in line with the company belief in the potential of the Egyptian economy,” the press release read. Obourland Food Industries is an Egyptian company operating in the cheese sector, established on 1996. Obourland owns two factories produce cheese and employ over 1200 workers.

The conference was attended by Mohamed Hamed Sherif, Chairman of Obourland and Anders Lindgren, Managing Director, Tetra Pak Egypt.

Lindgren pointed that the Egyptian market is a very promising market, and is the biggest global white cheese market.