Industry & Trade
Chinese firm eyes executing phosphate project in Egypt's New Valley
Published 2016-07-30 14:05:21| Amwal Al Ghad English
A mission from large Chinese firm specialised in establishing mining projects is set to meet New Valley governor, Mahmoud Ashmawy to discuss necessary steps for executing phosphate fertilizer project in Abu Tartour. New Valley governorate is located 733 km (455.9 miles) of Cairo in the southwestern part of Egypt between the Nile, northern Sudan, and southeastern Libya. Chairman of Phosphate Misr Company, Khaled Al Ghazali Harb stated Saturday that the visit of the Chinese mission aims at showcasing the project, raw materials available in Abu Tartour hill, and available potentials there in general. Moreover, the official added that Egypt has exported more than 1.6 million tonnes of phosphate in 2015.
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A delegation of most effective Lebanese businessmen in Africa is set to visit Egypt by the end of May, Egyptian trade and Industry Minister Tarek Qabil stated Saturday. The visit will be on the sidelines of the Egyptian-Lebanese Cooperation Forum, in which the mission will explore Egyptian industry through visiting a number of industrial zones in Egypt. Qabil has discussed the set-to-be visit during his meeting with Speaker of the Parliament of Lebanon Nabih Berri in the attendance of Egyptian International Cooperation Minister Sahar Nasr. During the meeting, Qabil and Berri discussed means of economic cooperation with Egypt and Lebanon.
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