The USD 1 bn fertilizer factory ThyssenKrupp is building in Ain Sokhna is expected to be completed in March and inaugurated by President Abdel Fattah El Sisi in 2Q2019, Mubasher reports. Construction of the nine-plant phosphate-based fertilizer complex is reportedly 98% complete. El Sisi met Guido Kerkhoff, CEO of Thyssenkrupp, at the Munich Security Conference on Sunday to discuss the project.
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