UAE-based Delta Food industries has revealed plans to invest $11 million in expanding its factories to boost its food exports to the African and Middle Eastern regions.
Shiraz Osman, Director and founder of Delta Industries said the company is eyeing expansion into West Africa’s lucrative markets, particularly the Democratic Republic of Congo, Angola and Nigeria.
Nigeria is one of the six fastest growing countries in the world and was recently deemed the largest economy in Africa after a GDP rebasing. The country also boasts an attractive consumer market, holding the continent’s largest and arguably youngest population.
The new factory will be expanded over an area of 110,000 square feet at the Sharjah Airport International Free Zone (Saif Zone), within close proximity of the Sharjah International Airport.
The factory is set to be completed before the end 2015.
Once completed, the company hopes to diversify its product range to include consumables such as cream, milk and tea packaging.
Delta Food currently manufactures and export tomato paste, tomato ketchup and milk powder.
Delta Industries is one of the most successful companies operating in UAE’s canned food sector. It currently exports 150 twenty-foot-equivalent units containers monthly. It hopes to increase the number to two hundred and fifty.
