Table of Contents
Key Points
- Hassan Allam Holding launches Jinet Agriculture Corporation, expanding its footprint in Egypt’s agribusiness sector.
- Jinet Agriculture acquires 14,100 feddans in West Minya, focusing on crop cultivation to strengthen food security and exports.
- The initiative aligns with Egypt’s Vision 2030, emphasizing sustainable agriculture, reduced import reliance, and high-value food production.
Hassan Allam Holding, a privately owned engineering and construction giant led by Egyptian businessman Hassan Allam, has expanded into agriculture with the launch of Jinet Agriculture Corporation. The new subsidiary aims to modernize Egypt’s farming sector and strengthen national food security.
As part of this move, Jinet Agriculture has acquired 14,100 feddans in West Minya from the Egyptian Countryside Development Company. The move underscores Hassan Allam Holding’s broader commitment to economic development and sustainable food production.
Transforming Egypt’s agricultural landscape
Jinet Agriculture will cultivate a wide range of crops to support local demand while boosting Egypt’s agricultural exports. The company’s efforts align with Egypt’s Vision 2030 goals, which focus on reducing reliance on imports, increasing exports of high-value crops, and developing large-scale food processing industries.
Hassan Allam, CEO of Hassan Allam Holding, emphasized the importance of the expansion, saying: “The launch of Jinet Agriculture Corporation reinforces our commitment to community development and sustainable growth. This aligns with our vision of creating long-term value and driving impact where it matters most.”
With a focus on sustainability and modern farming techniques, Jinet Agriculture is positioned to play a crucial role in shaping the future of Egypt’s agribusiness sector.
Strengthening Egypt’s food security
Major General Amr Abdel Wahab, CEO of the Egyptian Countryside Development Company, welcomed Hassan Allam Holding’s investment, calling it a major boost to the agricultural sector. He highlighted its potential to support small-scale farmers, create rural jobs, and enhance national food security.
By integrating advanced cultivation techniques and post-harvest processing, Jinet Agriculture aims to position Egypt as a leading player in global agribusiness. The company plans to leverage cutting-edge technology and sustainable farming practices to maximize productivity and efficiency.
Hassan Allam Holding’s regional expansion
Hassan Allam Holding, led by Hassan Allam and his brother Amr Allam, has cemented its position as a privately owned engineering and construction giant in the region, with a portfolio that spans over 12 million square meters of constructed buildings, contributing to economic growth across North Africa and the Middle East.
As part of its ongoing expansion, the company has opened new offices in Riyadh and strengthened operations in the UAE, Oman, Libya, and Algeria. This strategic growth reinforces Hassan Allam Holding’s position as a major player in high-impact industries, further diversifying its portfolio beyond construction into key sectors shaping Egypt’s future.
