The Head of the New Beni Suef Development Authority, Khalid Ragab, participate in the celebration of the inauguration of the project for expansion of the Angel Yeast Egypt factory, Invest-Gate reports.

The project is implemented by Chinese investments in the medium industries zone in the city of New Beni Suef.

Ragab notes that, following the expansion, the factory is situated on around 123,715 sqm.

He adds that the factory specializes in producing and exporting bread inputs.

The official elaborates that Angel Yeast has other factories in a group of countries.