China’s leading feed machinery manufacturer Muyang will make Egypt its base in Africa and the Middle East because of the country’s great location and abundant labor. With its expertise in producing silo, it will help Africa solve the waste in storage and transportation by offering silo that could meet the needs of both African States and farmers, the company said. Muyang Co Ltd, the largest Chinese feed machinery manufacturer by revenue, cooperating with the China-Africa Development Fund, established Muyang Egypt Industry S.A.E with a joint contribution of $74 million in the China-Egypt Suez Trade and Economy Cooperation Zone in March 2013…Full Article: ECNS.cn Jan 2016

Key Point

  • In December 2015, Muyang began its construction project in Egypt. Muyang will reportedly construct 5 million MTs of silo storage capacity, and 50 “sets” of feed machinery.

ChinaAg Comment

  • Founded in 1996 and headquartered in Yangzhou, Jiangsu Province, Muyang Holdings (Famsun) is a farm machinery manufacturer whose product line includes grain milling, grain storage, oilseed processing, and biomass processing.

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