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Wednesday
18 Oct 2023

Egypt's Suez Canal Economic Zone Signs Energy Deals Worth up to $14.75 Bln

18 Oct 2023  by reuters   
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.

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