New Mondelez Egypt production-line investments are worth EGP 200 m: Managing director

The Mondelez chocolate company has launched a new production-line under the name of “Marvellous Creations”, according to Bassil Abul-Ata, Managing Director of Mondelez Egypt & Mashreq.

“We guarantee the taste is the same in every country, as we deal with professional and trustworthy suppliers,” Abul-Ata. “In addition, we plan to cooperate with other Egyptian suppliers in the future.”

Mondelez Egypt exports about 40% of its products to 22 countries in the region including the GCC, Abul-Ata said.

Speaking at a round table discussion on Wednesday, Abul-Ata said that the company has invested EGP 1bn during the last five years.