Egypt’s Suez Canal Economic Zone Signs Energy Deals Worth Up to $14.75 Bln

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 to establish a potassium chloride production complex with an expected investment of up to $8 billion, the statement said.

Source: Asharq Al Awsat