Egypt Explores $1.5b Phosphate Fertiliser Complex in Ain Sokhna
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Egypt explores $1.5b phosphate fertiliser complex in Ain Sokhna
Minister of Petroleum and Mineral Resources Karim Badawi has stressed the importance of maximising the added value of Egypt’s mineral resources through integrated industrial projects that strengthen domestic production, expand exports and attract high-value investments. The Minister made the remarks during a meeting with Fertiglobe Chief Executive Officer Ahmed El-Hoshy to discuss preliminary plans for […]
Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, Ahmed Al-Hoshi, Executive Chairman of the company Vertiglup, one of the companies of the Adenok Group of the United Arab Emirates, and the accompanying delegation to discuss the initial plans for an integrated phosphate fertilizer production complex in the Heated Eye Zone, with investments of more than $1.5 billion, and a target production capacity of 1.3 million tons per year o…
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