China to establish new industrial complex in Egypt worth US$1.6 billion

[Egypt Independent - Egypt] - 15/01/2025
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 (…)
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