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Egypt & China sign Red Sea Petrochemicals design contracts

Egypt signed contracts with a joint Egyptian-Chinese venture for phase one design of the Red Sea Petrochemicals Complex in Ain Sokhna. The project supports Egypt Vision 2030, focusing on sustainability, industrial localisation, and economic growth. Construction is set for 2026, following cost estimation and financing after the design phase.

Apr 22, 2025 - 09:51
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Egypt & China sign Red Sea Petrochemicals design contracts
Egypt signed contracts with a joint Egyptian-Chinese venture for phase one design of the Red Sea Petrochemicals Complex in Ain Sokhna. The project supports Egypt Vision 2030, focusing on sustainability, industrial localisation, and economic growth. Construction is set for 2026, following cost estimation and financing after the design phase.
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