Black honey and date syrup production facility
Opportunity Description: This opportunity aims to add value to local crops by producing syrups suitable for both export and local consumption as alternative sweeteners. The crops in focus are sugarcane and dates mainly, because of their local abundance and seasonality.
Initially the focus was on sugarcane, which was highlighted as a crop that is widely cultivated locally. It is mainly used for sugar processing in several factories in the region, such as Armant and Qus. It is also used to produce black honey but through rudimentary techniques that affect quality and capacity. This opportunity aims to upgrade both the quality and quantity of black honey being produced in Luxor.
Dates were later selected as a suitable secondary crop to better utilize the facility. This way the facility operates on locally sourced crops only; sugarcane during the winter and dates during the summer, using the same technology for both.
PRODUCT: Product A: black honey extracted from fresh sugarcane
Product B: date syrup extracted from palm dates
Sector: Sustainable Agriculture and Food Processing
Market: Distribution and Marketing Companies, Local and Export
Initial Investment Required: EGP 21m
Details Available: Pre-feasibility Study