The plant will also be located at Ain Sokhna Industrial Zone affiliated to Suez Canal Economic Zone (SCzone).
The plant's output will be used to fuel ships.
Zakaria underlined that some of the industrial zones Egypt is establishing near seaports are aimed at localizing certain industries.
The signing of the agreement aims to establish a Polish economic zone in Ain Sokhna, with an area of 400,000 to 1 million square meters, targeting food industries, electronic industries and auto spare parts.
It added that the project is built on an area of 3.56 million square meters within the geographical space of the Main Development Company, one of the most important developers of the economic zone in the southern sector of Ain Sokhna, with an investment cost of $7.5 billion.
Egypt’s new express train network is seen as a pillar that will change the transport map in the country.
It should be turned into a regional logistics center.
An alliance of Egyptian and international companies are carrying out the implementation of the project.
Chairman of the Suez Canal Economic Zone (SCZone) Mohab Mamish said the SCZone achieved the highest revenues for the second successive year.
Operating the navigation route will start in October, the ministry said, adding that it will serve six countries along the Red Sea and Indian Ocean.
The president expressed his appreciation for the conglomerate’s operations in Egypt, particularly in the sector of fertilizers.
Canadian, Chinese and Malaysian Companies compete in the bid launched by the Ministry of Transport and Ministry of Housing to set up two monorail projects at the New Administrative Capital.
Authorities foiled an attempt to smuggle tons of fossils in the form of petrified wood and rocks.
The center said the project, which is the biggest in the Middle East, lies inside the the Suez Canal Economic Zone.
Nassar has discussed with Yusuke Saraya the President of Japan's leading global manufacturer of personal hygiene products SARAYA the company's investment plan in Egypt.
Chairman of Railway Authority announced on Monday that the Authority will facilitate the transportation of containers from Ain Sokhna port to 10th of Ramadan city.
If you are looking for a short trip, you should visit Ain Sokhna. Almost a two hour drive from Cairo, the town is located 55 km south of Suez.
A new detection system to monitor the impact of climate change on Egypt's shores is going to be established.
UAE ports operator DP World reportedly expressed its interest to invest in a port in 10th of Ramadan city.
Head of SCA Mohab Mamish and CEO of Dubai International Group initialed an agreement on implementing the first phase of the international Sokhna project.