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Sokhna Industrial Complex Development

Sector: Oil and Gas • Location: Sokhna, Egypt

Source: ZAWYA

Project
Planned

Ferchem Masr for Fertilizers and Chemicals is set to develop an industrial complex in the Sokhna Industrial Zone. The project involves extracting and concentrating low-value phosphate and producing value-added phosphate fertilizers through a joint-stock company named Nile Ferchem for Phosphate Fertilizers, with an issued capital of EGP 400 million. The project builds on an agreement with the Egypt

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The project “Sokhna Industrial Complex Development” is an infrastructure initiative in the Oil and Gas sector, located in Sokhna, Egypt. Taiyo aggregates data on it from ZAWYA.

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Participants

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Status

Original status

planned

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Description

Description

Ferchem Masr for Fertilizers and Chemicals is set to develop an industrial complex in the Sokhna Industrial Zone. The project involves extracting and concentrating low-value phosphate and producing value-added phosphate fertilizers through a joint-stock company named Nile Ferchem for Phosphate Fertilizers, with an issued capital of EGP 400 million. The project builds on an agreement with the Egyptian Company for Mineral Resources to build a phosphate ore extraction and concentration facility and aligns with the Ministry of Petroleum and Mineral Resources' strategy to develop and expand the mining sector.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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