The Suez Canal Economic Zone (SCZone) has signed an agreement with Indorama Egypt Fertilisers to establish a new phosphate fertiliser plant in the Sokhna industrial zone, according to a cabinet statement issued on April 8.
The project aims to develop an integrated industrial complex for fertilisers and basic chemicals, with an initial production capacity of 600,000 tonnes per year.
Indorama is a joint venture with the state-owned Misr Phosphate Company.
The project will cover an area of around 522,000 square metres, with investments estimated at $525mn for the first phase. It is expected to create up to 2,500 direct jobs during operation, in addition to around 500 jobs during the construction phase.
Production will include phosphate fertilisers and related products such as phosphate rock, ammonia, sulphur, potash (potassium chloride), and urea.
The facility will also produce specialised chemicals, including zinc sulphate, boric acid (sodium borate), and sodium molybdate, supporting agricultural and industrial supply chains, with around 80% of output allocated for export.
PM Mostafa Madbouly said the project represents a qualitative addition to Egypt’s strategic industries, particularly in the fertiliser and mining sectors. SCZone Chairman Walid Gamal El-Din said the project reflects the authority’s success in attracting capital-intensive and technologically advanced industrial investments. He noted the project’s integrated production model, from intermediate materials to final products, which supports local manufacturing and strengthens value chains in mining-based chemical industries.
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