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Wheat & Grain Silos Project May 21-23 Bethlehem, Palestine. 2008. Project Description E stablishing of Wheat and Grain storage solution comprising 6 silos, and to be located in the Southern Gaza Strip. W ith a total capacity of 30,000 tons. T argeting all wheat mills in Gaza.
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Wheat & Grain Silos Project May21-23 Bethlehem, Palestine 2008
Project Description • Establishing of Wheat and Grain storage solution comprising 6 silos, and to be located in the Southern Gaza Strip. • With a total capacity of 30,000 tons. • Targeting all wheat mills in Gaza. • Revenue will be generated by charging rental fees for storage and wheat wholesale trade by buying wheat at harvest time at a low rate to be sold after . • Expandable Project • Financial Indicators: • Capital Investment: USD 6 Millions • Contribution by Owner: 25% • Return on Investment: 20%
Industry Highlights • Daily consumption of White Wheat Flour in Gaza exceeds 400 tons. • Around 500 tons of Bulk Wheatproduces the needed 400 tons of Wheat Flour. • Currently Gaza imports both bulk wheat and ready packed flour mainly from Israel. • Bulk wheat prices are lowest at harvest time and highest in winter. • The project encourages private investors to build ,own andoperate infrastructure for bulk handling , storage and transportation of wheat
Opportunities • Better utilization of the Wheat and Grains harvest. • Climbing international Wheat prices. • Highlocal consumption of Wheat and Grain products. • 10 local Wheat Mills in Gaza. • Government support for strategic projects. • Building this project will save millions of Dollars to the Palestinian economy . • It will provide the ability for this sector to be active locally.
Strategic Benefits to Palestine • Provide Gaza with main Grains at all times of the year. • Provide the community with local strategic inventory and sustainable supplies of Grains and Wheat. • Increase the food security standards in terms of quality ,quantity and price. • Reduce the losses from traditional storage methods. • Reduce flour mills dependent on Israeli suppliers . • Get Palestinian and foreign investors participate in this project will set an example for others to follow in the food processing .