Suez Canal Economic Zone to produce 300k tons of green ammonia annually
Newspaper Title: https://english.ahram.org.eg/
Newspaper Number:
Wednesday - 11 May 2022
Prime Minister Mostafa Madbouly attended on Wednesday the signing ceremony for a Memorandum of Understanding (MoU) establishing a project to annually produce 300,000 tons of green ammonia from green energy inside the Suez Canal Economic Zone (SCZone) in its first phase.
The ceremony was also attended by Electricity Minister Mohamed Shaker and Planning and Economic Development Minister Hala El-Saeed.
During the ceremony, the PM pointed out that the Egypt is working on supporting green economy transformation based on green energy, especially by granting facilities and incentives to attract green investments.
Madbouly added that the government aims to sign more MoUs in this field in accordance with President Abdel-Fattah El-Sisi’s directives.
