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

 

 

 

 

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Compendium about GASC

GASC has been established by the republican decree No 1189/1968  and to be affiliated to the 
  Ministry Of Supply And Home Trade and its headquarter has been Cairo.

The main reason for establishing this economic body has been to overcome the crises arising in

  the Egyptian market during the period of 1967 and the subsequent years, and that was by
  commissioning that task of supplying into a financially and administratively independent entity.

The role played by GASC in procuring the essential commodities has been developed since then and

 

 has been risen up to reach the supply of 50 commodities during the period of seventies.

The growing participation of the private sector, commissioned by the state, to meet the needs of

  fundamental goods led to the dwindling of commodities number during the mid-eighties and the start
  of nineties. The number diminished to only four commodities, They are wheat, sugar, oil and tea. This
  status is still maintained up to this moment without change.

According to decisions No 364 and 626/ 1984, GASC has entrusted the General Company For Silos

  And Warehousing to perform all the tasks relating to customs clearance, unloading and loading to
  silos within the state.
By virtue of decision no 420/2005, GASC has been recently affiliated administratively to the
 

Ministry Of Trade And Industry.

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GASC gave the following breakdown of Wheat purchase Tender No.(11):*175000 tons wheat.
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