Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Egypt’s Suez Canal Economic Zone signs energy deals worth up to $14.75 bln

The African MirrorOctober 18, 2023October 17, 20231 Min Read

EGYPT’S Suez Canal Economic Zone has signed a deal worth $6.75 billion with China Energy for green ammonia and green hydrogen projects to be established in the Sokhna Industrial Zone, a cabinet statement said on Tuesday.

It also signed a deal with Hong Kong-listed United Energy Group to establish a potassium chloride production complex with an expected investment of up to $8 billion, the statement said.