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Including the Ukrainian wheat in GASC Tender

 

 

 

 

Egypt's GASC says Egyptian quarantine represtantive must travel to wheat source to inspect cargoes before shipment for future tenders....Details

 

Launching Tenders Of Wheat.... Here

 

 

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The Strategy Of GASC

General Authority For Supply Commodities (GASC) activates the local and international market
mechanism   in order to procure the strategic commodities needed by the state so as to realize the
following targets :-
1-Improvig productivity and raising up the agricultural production efficiency.
2-Developing marketing and promotional services.
3- Establishing strategic governmental food stock.
4- Achieving structural suitability within the state marketing system.
5- Creating competitiveness, prohibiting monopoly and making the local market balanced.   
The policy Of GASC

GASC is considered one of the economic entities vested with the following tasks :-

1- Procuring the supply commodities, within the framework of subsidy plan adopted by the state, to meet
     the needs of  the broad strata of the limited income class of people.
2-Playing its role to keep the local market balanced by the way of controlling the quantity and price of 
    home trade, so as to maintain food security and prevent monopoly practices.
3- Supplying, whether by importation or by local procurement, basic commodities decreed by the
     ministry of supply and internal trade along with any other commodity monopolized within the local market.
GASC, through the subsidies made available by the ministry of finance, spends a lot of money on the
    commodities commissioned to secure. Subsidy sum is the difference between the cost of product and
    its marketing price.
GASC gave the following breakdown of Wheat purchases Tender No. (5) of 26/8/2014:*shipment September  21-30, 2014*:60000 tonnes of Romanian wheat from Invivo at $257.77 C&F/tonne , 60000 tonnes of Russian wheat from Bongy  at $259.29 C&F/tonne ,55000 tonnes of Russian wheat from Bongy  at $259.43 C&F/tonne.
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