Indorama to invest $525m in Egypt fertiliser plant targeting 80% exports
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Indorama Egypt Fertilisers has signed a contract to establish a new phosphate fertiliser plant in the Suez Canal Economic Zone (SCZONE) with a first-phase investment of $525m, targeting 80% of its production for export.
The agreement, witnessed by Prime Minister Mostafa Madbouly at the government headquarters in the New Administrative Capital on Wednesday, involves the construction of an integrated industrial complex in the Sokhna Industrial Area. The project is expected to create 3,000 jobs, in
The agreement, witnessed by Prime Minister Mostafa Madbouly at the government headquarters in the New Administrative Capital on Wednesday, involves the construction of an integrated industrial complex in the Sokhna Industrial Area. The project is expected to create 3,000 jobs, in
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