While Egypt is the world's second largest producer of table olives, very little infrastructure in the country is dedicated to olive oil production.
Egypt’s Agriculture Minister Ezz El Din Abu Steit has unveiled the country’s ambitious goal of planting 100 million olive trees in Egypt by 2022 in an effort to boost the country’s olive oil production.
The plan was announced at a seminar on new investment opportunities in the Egyptian olive sector, which preceded the International Olive Council’s (IOC) fifty-third meeting that took place in Cairo last month. Egypt rejoined the IOC last year after its membership was revoked in 2017.
We need well-equipped factories to extract and produce olive oil. These factories should be established near the plots planted with olives. So it is very important to breathe new life into agricultural investment.- Hussein Abu Saddam, head of the Egyptian Farmers Syndicate
The Egyptian government has made plots of land available for investors. Both Egyptian and foreign investors will have access to plots making up 10,000 acres in Upper Egypt’s West Minya and 25,000 acres in Matrouh, along with designated land in the oases of the Western Desert.
A further, 10,000 acres in the El Tur area of the southern Sinai Peninsula will be reserved exclusively for Egyptian investors.
See Also:Africa and the Middle EastAbu Steit highlighted progress on the expansion of Egypt’s olive groves, which have grown from 5,000 acres in the late 1970s to 108,000 by the millennium and now encompass 240,000 acres.
Egypt is the world’s second largest producer of table olives and produced around 450,000 tons in 2018/19 of which around 100,000 tons were exported.
Whilst the country has been able to satisfy its 3,260 percent growth in domestic consumption of table olives, olive oil production has been a meagre 20,000 tons. Many in the agricultural sector hope increasing olive oil production will bring much needed added value to the sector.
Hussein Abu Saddam, head of the Egyptian Farmers Syndicate confirmed the need for investors to boost olive oil production, telling Al-Monitor: “This step is inevitable. The olive tree is the most suitable tree to be cultivated in the country since it can be planted in different types of soil and does not consume large quantities of water.”
He also raised the need for the government to introduce measures that would prevent and combat olive tree diseases during the expansion program.
Abu Saddam who said that 100 million olive trees equated to an olive tree for every citizen added, “we need well-equipped factories to extract and produce olive oil. These factories should be established near the plots planted with olives. So it is very important to breathe new life into agricultural investment.”
Last year Olive Oil Times reported on Egypt’s aspiration to become the world’s number one table olive producer by expanding the varieties of olives cultivated and increasing production in desert lands.
Opening doors to foreign investors in the olive sector would boost the country’s ailing economy and provide much needed hard currency as well as creating jobs in the country, which is still feeling the impacts of its 2011 revolution.
Egypt has struggled to raise the $58 billion needed to fund the creation of its new and as yet unnamed capital city, which would be located about 30 miles east of Cairo by mid 2020.
More articles on: Egypt, olive tree cultivation, production
Apr. 16, 2024
Olive Oil Production Becomes Increasingly Viable in Oman
The oil-rich Gulf country planted its first commercial olive trees about ten years ago, which are now bearing fruit and yielding returns for farmers.
Jun. 3, 2024
Xylella-Resilient Groves Are the Future of Apulian Olive Oil
Farmers’ associations, researchers and institutions are teaming up to replant Xylella fastidiosa-resilient olive trees in Puglia.
Jan. 3, 2024
Pakistan Celebrates Foreign Investment, Local Culture at World Olive Day Gala
The event, held in the national capital, brought together farmers, consumers, foreign investors and government officials to educate, network and celebrate.
Jun. 15, 2024
Report Reveals Growing Number of Olive Producers in Northern Italy
Olive farming is shifting north in Italy as sustainability in a changing climate guides new ventures. Organic growing is also on the rise.
Jan. 3, 2024
Tuscany Announces Funds to Prevent Olive Grove Abandonment
The measures are meant to encourage growers to take care of abandoned olive trees in difficult terrains and maintain them to prevent wildfire and pest development
Jan. 5, 2024
Experts Offer Pest-Control Tips for California's Hobby Growers
Hobbyists use organic practices to combat weeds and treat and prevent olive knot, yellow leaves, the olive fruit fly, peacock spot and Verticillium wilt.
Jan. 29, 2024
Meet the Man Trying to Transform the Olive Sector in France
Yannick Masmondet is working with farmers to plant 50,000 hectares of olive groves on unused agricultural land, expanding national production while diversifying farmer portfolios.
Apr. 3, 2024
Nurseries in Spain Are Running Low on Olive Tree Seedlings
High olive oil prices at origin, interest from private equity and farmers seeking to shift away from more water-intensive crops are fueling the shortages.