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Edita Food Industries Morocco secures a loan for its Berrechid plant

By L’Economiste | The 29/06/2020 – 14:41 | Share –

Edita Food Industries Morocco, a subsidiary of the Egyptian Edita Food Industries, obtained a loan of 80 million DH from Arab Bank for its factory which will be built in Berrechid. The seven-year loan will finance the construction of the site and the purchase of production equipment, the company said.

Last October, Edita had signed an agreement with the Ministry of Industry for the construction of this factory specializing in the biscuit industry. Amount of the planned investment: 200 million DH. The objective is to create 700 direct jobs.

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