AreaEgypt

Commodity GroupOilseeds, oils and meals

CommodityOlive tree

Date01/05/2019

Policy CategoryProduction

Policy InstrumentSector development measures

DescriptionAnnounced plans to boost domestic olive oil production by promoting the planting of olive trees, with a view to reducing the country’s reliance on imports of edible oils.

NotesThe Agricultural Ministry announced plans to boost domestic olive oil production by promoting the planting of 100 million olive trees over the next three years. Reportedly, plots totalling 45 000 acres are ready to be assigned to local and foreign investors. The initiative is aimed at reducing the country’s reliance on edible oils imports.