Egyptian dairy has expansion plans

Dina Farms in Egypt has announced expansion plans aimed at boosting its raw milk production capacity by next year. The company has taken acquired 1,000 pregnant heifers from the US so far. The new cows are the first of two shipments totaling 2,000 cows that Dina Farms will import by the third quarter of 2013, according to Dina.

In September, Dina announced that it had secured an EGP92 million (€11.8m) syndicated loan facility to finance civil work, machinery and the purchase of an additional 2,000 cows that will increase milk production to 80,000 tons per year in 2013 from the 60,000 tons per annum that the farm produces today. Dina has over 13,000 head of cattle (of which more than 6,000 are currently milking cows), making it Egypt’s largest dairy producer.