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

17th October 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 to establish a potassium chloride production complex with an expected investment of up to $8-billion, the statement said.