Petrochemical
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.
In light of the recent public interest in the deal, President Abdel Fatah al-Sisi clarified Egypt’s position and the government’s role in the deal.
President Abdel Fatah al-Sisi said Wednesday that Egypt has gas facilities and laboratories that don’t exist in other gas-producing countries.
The largest petrochemical facility in Egypt, at a cost of $3.7 billion, is being set up by the Korean company ‘’GS’’.
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