VOL. XLIII
No. 46
13-November-2000
EGYPT
Egypt Plans Massive Petrochemicals Expansion
The Egyptian Government has drawn up a $10bn plan to develop the countrys petrochemical industry which will include the construction of 24 petrochemical complexes with a combined production capacity of 15mn tons/y over a 20-year period. Some 100,000 new jobs are expected to be created as a result, mostly in Alexandria, Dumyat and the north of the Gulf of Suez. Announcing the project on 29 September, Egyptian...
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