Ministry of Investments and Foreign Trade
El-Khatib shared these insights during his meeting with Spain’s Ambassador to Egypt, Alvaro Iranzo.
This project, set to begin operations in early 2026, aims to export all production to European and American markets, targeting annual exports of around €250 million.
As one of only three Japanese firms granted this license, Otsuka has set a standard for foreign companies interested in the Egyptian market.
The discussions delved into projects geared towards diminishing reliance on imported liquefied gas to curtail the import expenditure. Additionally, Globeleq articulated its interest in proposing ventures for sustainable transportation utilizing clean energy solutions in Egypt.
