Egypt aims to become a key player in the global market by boosting its fertilizer production.
On December 4, 2024, the Egyptian government officially approved an innovative fertilizer and chemical production facility by granting a “golden license” to the Future Fertilizers and Chemicals Company LLC (FFC).
A New Facility and Investment
Located in the Southwest Special Economic Zone of the Gulf of Suez, the facility will:
- receive an investment of $40 million (25 billion FCFA),
- span 127,000 m²,
- produce potash and phosphate-based fertilizers, inorganic acids, and compound fertilizers.
The first phase, scheduled for completion by January 2026, is expected to create 300 direct jobs.
Exports and Economic Impact
The new facility plans to export 70% of its production to international markets, significantly boosting Egypt’s fertilizer exports and improving its trade balance. Like the existing FFC plant, the new facility is expected to achieve high export rates.
Since 2018, the first FFC plant has been producing 50,000 tons of fertilizer annually, with a 99% export rate, generating $20 million in revenue in 2023.
Environmental Contributions and Sustainability
The new facility will be equipped with eco-friendly technologies:
- it will recycle production by-products,
- it will convert generated heat into electricity, reducing fossil fuel use.
These measures will help Egypt reduce greenhouse gas emissions and meet its climate targets.
Conclusion
This project will bolster Egypt’s economic growth while cementing its role as a regional leader in the fertilizer sector. By adopting an environmentally conscious production model, it will also align with global sustainability goals.
