Techno Seeds for Seed Technology receives the Minister of Agriculture at its booth at the Sahara Exhibition to showcase its latest products
Techno Seeds CEO: Strategy to increase our exports to 35% by increasing presence in current markets and penetrating new countries
Eng. Mahmoud Hamouda: 7 essential factors to revitalize the agricultural sector.. and the Egyptian market is very promising
Mr. Alaa Farouk, Minister of Agriculture and Land Reclamation, visited the booth of TechnoSeeds, a pioneer in the field of seed technology, during the opening of the 36th edition of the Sahara Exhibition, which runs from September 15 to 17 at the Egypt International Exhibition Center.
During the minister’s visit, Eng. Mahmoud Hamouda, CEO of Techno Seeds and member of the Export Council for Agricultural Crops, reviewed the company’s most important and latest products that were well received by everyone, including corn products, which include “Yaqout 5 Red Corn”, “Gold 21 Yellow”, “F16 White” and “7071 White”, in addition to varieties of wheat, vegetable, soybean and sesame seeds.
Hamouda stressed his company’s commitment to providing the latest technologies in the field of seeds and developing the best types to meet the varying needs of farmers in the Egyptian market, specifically high-yielding strains that resist climate change and soil problems.
He said that Techno Seeds is striving to increase its market share to 25% during the coming year, armed with its ability to provide high-quality varieties in addition to its possession of a wide distribution network covering all parts of the Republic, with 18 agents and 250 distributors and traders, which achieves the greatest ability to spread.
Hamouda stressed that corn production represents about 75% of TechnoSides’ total products, noting that the company’s market share is about 15% and we aim to reach 25% next year.
Regarding presence in foreign markets, Hamouda said that the company is adopting a strategy to increase its exports to about 30% during 2025, compared to about 20% currently, by intensifying its presence in current markets such as Algeria, Jordan, Saudi Arabia, Libya and Sudan, in addition to the company’s efforts to penetrate some new markets.
Hamouda pointed out that participation in the Sahara Exhibition is very important to strengthen our relationship with external customers and foreign delegations that visited the pavilion, including African, Arab, Indian, Chinese and Russian delegations.
He continued by saying: The current participation in the Sahara Exhibition is the third, and we are proud to be the golden sponsor of this important exhibition.
Regarding the current and future status of the agricultural sector in Egypt, Hamouda said that the agricultural sector is the backbone of the Egyptian economy, and it is a very vital sector that grows significantly annually, especially since crops are one of the most important sectors that achieve good performance at the level of export at present.
Hamouda identified 7 basic factors that would support, assist and stimulate agricultural investment in Egypt, including reviewing agricultural policies and supporting farmers through a suitable guaranteed price for farmers, as well as horizontal and vertical expansion by increasing the agricultural area and improving the quality of crops.
He stressed that among the factors is the necessity of having Egyptian seed companies capable of providing good varieties that can confront soil problems and weather factors, in addition to the necessity of farmers’ commitment to preparing the land and preparing the soil and taking good care of crops in terms of providing pesticides and good irrigation methods.
Hamouda called on the government to work on attracting major local and international companies to invest in the Egyptian agricultural sector, similar to what is happening in the real estate sector, explaining that the Egyptian market is very promising and encouraging for investment, especially in the field of export crops that Egypt enjoys, such as citrus fruits, strawberries and others.
