General Authority For Supply Commodities

What General Authority For Supply Commodities does

General Authority For Supply Commodities (GASC) is an Egyptian government economic authority established by Presidential Decree No. 1189 of 1968 and currently administered under the Ministry of Supply and Internal Trade. The organization procures and manages strategic food commodities—wheat, sugar, oil, rice, tea, and frozen poultry and meat—for Egypt's national food security system, contracting through international tenders and domestic channels, and distributing via supply directorates across all Egyptian governorates into bakeries and food grocers participating in the national subsidized food program.

The Authority operates on a non-commercial fiscal model: the Ministry of Finance transfers "support amounts" equal to the gap between commodity procurement cost and consumer selling price, supplemented by substantial credit facilities from National Bank of Egypt (EGP 36.5 billion in letters of credit), Abu Dhabi Exports Office ($500 million revolving), International Islamic Trade Finance Corporation ($365 million), and European Investment Bank (EUR 90 million soft loan for the Food Resilience Project). GASC wholly owns the Egyptian Holding Company for Silos and Storage and its subsidiary General Company for Silos and Storage, which operates coastal silos at Alexandria, Damietta, and Safaga with a combined 355,000-ton capacity handling ships up to 70,000 tons. The Authority also holds governance representation on the Holding Company for Food Industries.

In FY2024/2025 GASC contracted 4.99 million tons of imported wheat, with local wheat marketed in 2025 reaching 3,939,144 tons and oil contracts (imported and local soy/sunflower) totaling 400,000 tons. The Authority is governed by a board chaired by Dr. Sherif Farouk, Minister of Supply and Internal Trade, with representation from the Central Bank of Egypt, Ministry of Agriculture, Ministry of Planning, Agricultural Bank of Egypt, Egyptian National Railways, and the Holding Company for Maritime and Land Transport. In December 2024, GASC was authorized to delegate wheat procurement to the Egypt Future for Sustainable Development Agency under the Unified Procurement framework, and Minister Farouk has launched a comprehensive restructuring program covering all affiliated entities.

Name

General Authority For Supply Commodities

Legal name

General Authority For Supply Commodities (الهيئة العامة للسلع التموينية)

Website

https://gasc.gov.eg

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

251–500 employees

Short description

General Authority For Supply Commodities (GASC) is an Egyptian government economic authority that procures strategic food staples—wheat, sugar, oil, rice, tea, and frozen poultry/meat—and channels them through a nationwide subsidized distribution network serving the Egyptian population under the Ministry of Supply and Internal Trade.

Ownership category

akta.pro rank

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Government Subsidy Funding: The Authority operates through subsidy amounts provided by the Ministry of Finance. The support amount represents the difference between the cost of the commodity and its selling price to citizens. This is not commercial revenue but rather government fiscal support for food security.
2. Financing Partnerships: The Authority coordinates with financial institutions to finance commodity procurement: National Bank of Egypt (EGP 36.5 billion for letters of credit), Abu Dhabi Exports Office ($500 million revolving), International Islamic Trade Finance Corporation ($365 million), and European Investment Bank (EUR 90 million soft loan).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

GASC is the Egyptian government's central authority for procuring and managing strategic food commodities — including imported and local wheat, soy/sunflower oil, sugar, rice, and frozen poultry/meat — to maintain national strategic reserves and supply the subsidized food distribution system serving low-income citizens. The Authority tenders for these commodities via international and local procurement contracts, finances purchases through government-backed credit lines, and distributes goods through supply directorates across Egyptian governorates to participating bakeries and food grocers.

Product overview

The General Authority For Supply Commodities (GASC) is an Egyptian government body responsible for national food security, operating as a centralized procurement system for strategic commodities. The core offering consists of seven main contract types: Wheat Contracts (imported and local), Oil Contracts, Sugar Contracts, Rice Contracts, and Frozen Poultry and Meat Contracts, plus Other Contracts. Supporting modules include a Complaint Management System for stakeholder feedback and a Supplier Registration Portal for vendor onboarding. The authority manages the entire procurement lifecycle from contracting through delivery, serving as the backbone of Egypt's food supply subsidy system.

Differentiator

Problem solved

Functional benefit

Products and services

• Imported Wheat Contracts

Quantifiable outcome

• Imported wheat: 4.990 million tons (FY 2024/2025)
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered strategic, major, core and pilot.

• Egypt Future for Sustainable Development AgencystrategicStrategic or Co-development Partner · 4 December 2024Cabinet session 22 (December 4, 2024) authorized GASC to delegate Egypt Future for Sustainable Development Agency to purchase required wheat in accordance with contracting procedures for public entities under Law 182 of 2018, including direct contracting.
• Al Dhahra Agricultural Company (UAE)majorOthersEmirati company supplying imported wheat financed through Abu Dhabi Exports Office agreement.
• Egyptian Holding Company for Silos and StoragecoreStrategic or Co-development PartnerWholly-owned subsidiary established 2002 under Law 203 of 1991. Responsible for managing, operating, developing silos and grain storage. Manages wheat from contracting through milling stage with electronic trading system.
• General Company for Silos and StoragecoreStrategic or Co-development PartnerSubsidiary of Egyptian Holding Company. First company in grain unloading in Egypt. Capabilities include receiving ships up to 70,000 tons with latest technology. Has coastal silos in Alexandria, Damietta, Safaga with 355,000 ton capacity.
• Holding Company for Food IndustriesmajorStrategic or Co-development PartnerEgyptian joint-stock holding company under Law 203 of 1991. One of largest Egyptian food industry companies. Contributes to 22 companies under Law 203, 13 under Law 159, and 5 under Investment Law 8.
• Direct Debit System (Banks)pilotTechnology or IntegrationDirect debit experiment in Port Said Governorate: wheat value deducted directly from mill's bank account to GASC, wheat delivered to mill equivalent to value, flour delivered to bakeries at ministry-specified value, GASC pays bread value to bakery owners via POS.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Perum BULOG (Indonesia): Indonesian state-owned logistics agency responsible for rice procurement, strategic reserves, and price stabilization. Comparable as a sovereign commodity buyer serving a large population via subsidy-driven distribution.
• Saudi Grains Organization (now General Food Security Authority): Saudi Arabia's state agency for strategic grain procurement, storage, and release, directly comparable to GASC as a sovereign buyer managing subsidized food security via international tenders. Both operate state-mandated procurement of wheat and feed grains at national scale.
• National Food Authority (Indonesia) / Bapanas: Indonesian state agency overseeing national food security policy, strategic reserves, and price stabilization. Comparable in mandate to GASC for managing government food stocks and stabilizing prices through state procurement.
• Pakistan Agricultural Storage and Services Corporation (PASSCO): Pakistani state corporation for strategic reserves of wheat and other commodities, responsible for procurement, storage, and price stabilization. Comparable mandate and mechanism to GASC.
• Food Corporation of India (FCI): India's central government undertaking for procurement, storage, and distribution of foodgrains under a Public Distribution System. Closely comparable to GASC in mandate, scale, and reliance on government subsidy flows.
• Directorate General of Food, Bangladesh: Bangladesh's government body for public foodgrain procurement, storage, and distribution under a rationing system. Closely parallel to GASC in operating a subsidized food distribution network via government-mandated procurement.
• United Grain Company (OZK / Объединённая зерновая компания): Russian state-owned grain trading and infrastructure operator managing the state grain intervention fund. Comparable as a sovereign buyer/trader of wheat with strategic reserve responsibilities, and a counterparty often seen on the supply side of GASC tenders.

Others

• Al Dhahra Agricultural Company: UAE-based agribusiness that supplies imported wheat to Egypt under GASC financing from Abu Dhabi Exports Office. Peer as a key international supplier counterpart to GASC's procurement operations, not a competitor.

Regional players

• Ministry of Industry, Trade and Supply (Jordan): Jordanian ministry responsible for strategic commodity procurement and subsidized goods distribution. Regionally comparable to GASC as a state-mandated buyer of wheat, sugar, and oil, though operating in a smaller and more aid-dependent market.

Broad incumbents

• COFCO Group: China's largest state-owned food processor and trader with global grain procurement, storage, and trading operations. Comparable in scale of grain trading, though commercial and global in orientation versus GASC's domestic subsidy mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/general-authority-for-supply-commodities

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about General Authority For Supply Commodities