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Egypt's Suez Canal Economic Zone signs energy deals worth up to $14.75 bn

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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 deal with Hong Kong-listed United Energy Group (0467.HK) to establish a potassium chloride production complex with an expected investment of up to $8 billion, the statement said.

Source: Reuters

by Aklama

October 17, 2023
in World

#Security

Egypt's Suez Canal Economic Zone signs energy deals worth up to $14.75 bn

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