Middle East Economic Survey
VOL. LII
No 51-52
21/28-Dec-2009
EGYPT
Damietta Urea Facility Secures Local Financing For Expansion
Egyptian Nitrogen Products Company (ENPC), a wholly owned subsidiary of Misr Fertilizer Production Company (MOPCO), has secured local financing of $1.05bn for the expansion of a fertilizer plant in the Damietta region. Agrium spokesman Steve Kovacs told MEES that 19 regional and local banks are participating in the financing, said to be the largest single financing ever...
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