China to establish new industrial complex in Egypt worth US$1.6 billion
The Chinese Ambassador to Cairo, Liao Liqiang, revealed that a Chinese company has announced an investment worth US$1.6 billion to establish an industrial complex aiming to produce phosphate fertilizers in Egypt. “The first phase of the project aims to extract two million tons of phosphate annually and convert the entire production into fertilizers that can …
The post China to establish new industrial complex in Egypt worth US$1.6 billion appeared first on Egypt Independent.
Egypt Independent
January 15, 2025
