Egypt to build LE 15B phosphorous fertilizers complex in April – Egypttoday

Egypt to build LE 15B phosphorous fertilizers complex in April – Egypttoday

CAIRO - 10 February 2020: New Valley governorate, in southwestern Egypt, is fully prepared for the establishment of its largest complex for the production of phosphorus fertilizers next April, with a total investment of LE 15 billion ($956.1 million), the governor told Egypt Today.. The complex aims to achieve an annual production of 500,000 tons of phosphoric acid, New Valley Governor Mohamed Al-Zamlout said.. The complex, which will be established in the 440-square-kilometer governorate is set to become the fourth worldwide to provide such production of phosphoric acid.. The project will provide job opportunities for people of the New Valley, the governor said, adding that graduates in the governorate have been trained to work in the new complex.. The $1-billion project is expected to produce a total of one million tons of phosphoric acid a year, the minister said..