{"id":658447,"date":"2025-01-12T00:00:00","date_gmt":"2025-01-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/12\/chinas-asia-potash-announces-usd-10-bn-phosphate-fertilizer-complex-plans\/"},"modified":"2025-01-12T00:00:00","modified_gmt":"2025-01-12T00:00:00","slug":"chinas-asia-potash-announces-usd-10-bn-phosphate-fertilizer-complex-plans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/12\/chinas-asia-potash-announces-usd-10-bn-phosphate-fertilizer-complex-plans\/","title":{"rendered":"China\u2019s Asia Potash announces USD 10 bn phosphate fertilizer complex plans"},"content":{"rendered":"

China\u2019s<\/strong>Asia Potash<\/a><\/strong> International Investment announced one of Egypt\u2019s<\/strong> largest ever investments<\/strong>, with its recently unveiled plans to set up a phosphate fertilizer industrial complex in Upper Egypt set to have a final investment ticket of USD 7-10 bn, company representatives said during a meeting<\/a> with General Authority for Investment and Freezones boss Hossam Heiba.<\/p>\n

Just the first phase of the complex will cost USD 1.6 bn<\/strong>, which is expected to go live within 18 months from the start of construction and create 3k direct jobs. Representatives from the company \u2014 whose largest shareholder is the Chinese state \u2014 added that the first phase \u201cwill involve the exploration and extraction of 2 mn tons of phosphate annually, converting it into phosphate fertilizers, and exporting 100% of the production to neighboring market.\u201d The complex will have a total annual production capacity of 10 mn tons of phosphate once all phases of the project are fully operational. <\/p>\n

The project will stretch across large parts of Upper Egypt<\/strong>, with production facilities and the company\u2019s extraction operations stretching from Luxor\u2019s Esna to Aswan\u2019s Sibaiyya. <\/p>\n

Keeping the project environmentally friendly is also part of the plan<\/strong>, with Asia Potash planning to partner with local green ammonia producers to secure the necessary energy supplies for its complex as part of its efforts to produce environmentally-friendly fertilizers \u2014 a notoriously energy intensive operation that makes up a substantial part of our carbon emissions.<\/p>\n

Want to know more about how China has become an increasingly important source of <\/strong>investment? <\/strong>You can check out our breakdown of Chinese investments in the country in an Inside Industry published last year here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The complex will have a total production capacity of 10 mn tons of phosphate once fully operational<\/p>\n","protected":false},"author":1,"featured_media":658448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[116,72,99,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-china","tag-enterpriseam","tag-fertilizers","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"f2f475bd-fafa-4ee5-8884-fcb144b4b271","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/544.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China\u2019s Asia Potash announces USD 10 bn phosphate fertilizer complex plan for Upper Egypt","related_issue":[658439],"teaser":"The complex will have a total production capacity of 10 mn tons of phosphate once fully operational","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.dce725f3-ee54-48b6-afab-5ee65812400b.mp3"},"yoast_head":"\nChina\u2019s Asia Potash announces USD 10 bn phosphate fertilizer complex plans - 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The four countries inked 12 agreements in\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2022\/04\/handshake-agreement-moving-goodbye-travel-suitcase-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/el-sisi-inaugurates-large-fertilizer-complex-in-sokhna\/","url_meta":{"origin":658447,"position":1},"title":"El Sisi inaugurates large fertilizer complex in Sokhna","author":"enterpriseam admin","date":"8 August 2019","format":false,"excerpt":"President Abdel Fattah El Sisi inaugurated a new phosphate and compound fertilizer manufacturing complex at the Ain Sokhna Industrial Zone yesterday, according to a local press report. The complex is said to be the largest in the Middle East and houses nine phosphate-based fertilizer factories. It contains a water desalination\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548446,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/09\/cfc-group-to-build-usd-400-mn-industrial-complex-in-qena-under-the-new-regional-industrial-partnership\/","url_meta":{"origin":658447,"position":2},"title":"CFC Group to build USD 400 mn industrial complex in Qena under the new regional industrial partnership","author":"enterpriseam admin","date":"9 August 2022","format":false,"excerpt":"Emirati fertilizer company CFC Group will establish an industrial complex in Qena Governorate under the new joint industrial partnership between Egypt, the UAE, Jordan and Bahrain, senior figures in the company told us yesterday, confirming information originally reported by Al Mal.About the Qena complex: The firm will invest USD 400\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/189.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590446,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/19\/investors-pitch-for-three-fertilizer-complexes-worth-usd-1-6-bn\/","url_meta":{"origin":658447,"position":3},"title":"Investors pitch for three fertilizer complexes worth USD 1.6 bn","author":"enterpriseam admin","date":"19 July 2023","format":false,"excerpt":"More investment into the local fertilizer sector could be on the way:The General Authority for the Economic Zone of the Golden Triangle has received three offers from local and international investors to establish fertilizer complexes in the so-called Golden Triangle in Red Sea governorate, authority Chairman Adel Saeed told Asharq\u2026","rel":"","context":"In "Industry"","block_context":{"text":"Industry","link":"https:\/\/enterpriseam.com\/egypt\/category\/industry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/764.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592081,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/phosphate-misr-inks-usd-842-mn-agreement-with-chinas-cscec-wengfu\/","url_meta":{"origin":658447,"position":4},"title":"Phosphate Misr inks USD 842 mn agreement with China\u2019s CSCEC, Wengfu","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China\u2019s Wengfu Group to set up a USD 842 mn phosphoric acid complex in Abu Tartoor, according to an Oil Ministry statement (pdf) The total cost of the project is estimated at USD\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571374,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/usd-1-bn-phosphoric-acid-plant-in-abu-tartour-is-nearing-the-start-of-construction\/","url_meta":{"origin":658447,"position":5},"title":"USD 1 bn phosphoric acid plant in Abu Tartour is nearing the start of construction","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Phosphate Misr is expected to sign within days the final funding contracts with investors ahead of beginning construction on its USD 1 bn acid phosphate facility in Abu Tartour, according to Al Mal. The facility will be constructed with a Chinese alliance consisting of the Chinese Construction Engineering Company and\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=658447"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658447\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/658439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/658448"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=658447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=658447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=658447"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=658447"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=658447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}