No 10



Three New Fertilizer Plants Planned At Total $810Mn Cost

The Egyptian government announced on 3 March plans for the construction of three fertilizer plants each costing $270mn to be located at Beni Suef, Abu Qir and Suez. Egyptian and Arab private sector investment will meet one third of the total cost of $810mn. Prime Minister 'Atif 'Ubaid said it had been decided to build three plants at once as a way of cutting costs, following the pattern set with the...