Egypt targets $3bn in new fertilizer investments, production to rise by up to 3 million tonnes annually

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Egypt plans $3 billion in new fertilizer industry investments, aiming to raise domestic production by up to 3 million tonnes annually within three years. Five major projects will support this expansion, said the Deputy Chairperson of the Chemical and Fertilizers Export Council.

Egypt is targeting around $3bn in new investments in the fertilizer industry, with five major projects expected to increase domestic production by between 2 million and 3 million tonnes annually over the next three years, according to Mostafa Sherif El-Gabaly, Deputy Chairperson of the Chemical and Fertilizers Export Council. El-Gabaly made the remarks during the […] The post Egypt targets $3bn in new fertilizer investments, production to rise by up to 3 million tonnes annually first appeared on Dailynewsegypt.