CAIRO: Egypt’s state grains buyer the General Authority for Supply Commodities (GASC), issued an international tender on Monday to procure 50,000 tonnes of raw cane sugar of any origin.
According to the GASC, payment would be at sight, and interested parties are required to submit offers on a CIF basis, either in Egyptian pounds or U.S. dollars.
The deadline for submitting offers is set for Saturday, March 9, with the scheduled arrival of the shipment between April 15-30 and/or May 1-15, the statement further indicated. GASC set the tender on behalf of Egypt’s Holding Company For Food Industries, represented by the Egyptian Sugar and Integrated Industries Company (ESIIC), which will receive the shipment.
