Implementation of the Misr Abu Tartour Phosphate Factory, with investments from 14 to 15 billion pounds, began in January

Implementation of the Misr Abu Tartour Phosphate Factory, with investments from 14 to 15 billion pounds, began in January
Implementation of the Misr Abu Tartour Phosphate Factory, with investments from 14 to 15 billion pounds, began in January

The Governor of the New Valley, Major General Mohamed Al-Zamlot, announced that the implementation of the Misr Abu Tartour phosphate factory will start next January, with total investments ranging from 14 to 15 billion pounds, to become the largest investment in the governorate.

He revealed during his statements on the sidelines of the opening of the first forum for marketing dates in the city of Kharga, that all the procedures for offering and awarding, as well as technical and financial studies and financing have been completed, explaining that in parallel the railway line that links Abu Tartour Safaga and the Red Sea will be rehabilitated with investments amounting to 6 billion pounds.

He explained that in the framework of the partnership with the Internal Trade Development Authority, a logistical zone in the New Valley has been completed, pointing out that negotiations have been completed with the Greek “Orange Global” company to establish the largest factory for jams and juices, in addition to planting fruits, and the percentages of contribution are currently being determined. In partnership with the Agricultural Bank and the Egyptian Countryside Company.

Al-Zamlout said that the governorate has developed a complex of dates, including devices and machines, in cooperation with the Khalifa Prize, at a cost ranging from 40 to 45 million pounds, to increase the added value and produce date molasses, liquid sugar, yeast, jam and date biscuits.

He announced that the governorate owns two industrial zones in Dakhla and Kharga, with occupancy rates ranging from 50 to 70%, pointing out that the governorate has Saudi, Emirati, Jordanian, Tunisian, Moroccan and Algerian investments, whether in the field of dates or in the field of agriculture, pointing out that during the current forum the first feed factory will be opened.

He pointed out that the governorate does not have heavy factories, but the available industries are represented in factories for mineral water, cardboard, ceramics, pottery and bricks, in addition to about 130 to 150 factories working in the field of dates, ranging from small and medium-sized factories, as well as craft complexes that are established in the centers.

 
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