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USD 1.7 billion Value of Egyptian-Italian Partnership in Petrochemicals

Source: www.export-egypt.com 4/5/2014, Location: Africa

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Minister of Trade, Industry, and Investment Mounir Fakhri Abdel Nour announced on 04/04/2014 the signing of a cooperation agreement between an Egyptian company and an Italian opposite number as of next Monday.

The USD 1.7 billion agreement allows the Italian company to provide services and utilities for the under-construction petrochemicals complex in Sokhna. The complex is a hub for several oil and gas projects.

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