The Ain Sokhna project targets 1.3 million tonnes a year and commercial production in 2031, subject to studies.
Egypt and Abu Dhabi-based Fertiglobe are studying a proposed diammonium phosphate complex in Ain Sokhna, WAM reported on 19 October. Planned capacity is 1.3 million tonnes per year, with commercial production targeted for 2031.
Technical and economic studies still need to be completed. Capacity and timing are targets, not operating output or a final investment decision; the proposed plant is in Egypt.
The MoU identifies potential knowledge work and co-financing in energy, water, agriculture, food security and digital infrastructure.
The company plans to present opportunities across its project pipeline; the announcement does not specify new awards.
The Abu Dhabi firm reviewed participation in two funding rounds and its pipeline; the round totals are not MGX’s own investment amounts.
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