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PM witnesses signing of contract to build $1bn phosphate chemical industries complex
Summary by Egyptian Gazette
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PM witnesses signing of contract to build $1bn phosphate chemical industries complex
Prime Minister Moustafa Madbouli on Thursday attended the signing ceremony for the establishment of one of the largest specialized phosphate chemical industries complexes in the Middle East in the Sokhna Industrial Zone at a total cost of $1 billion. The contract was signed between Elsewedy Industrial Development and China’s CJN, a global leader in phosphate industries. The agreement was inked by CEO of Elsewedy Industrial Development Mohamed El…
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