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Released June 09, 2022 | new delhi
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Egypt continues to pursue economic diversification by making huge investments in the chemical industry to manufacture new and diversified products. A number of major industrial players are rapidly accelerating their investments into hydrogen, especially green hydrogen as it's being posited as an ideal alternative to fossil fuels for producing electricity, fertilizers and powering vehicles.

The General Authority for the Suez Canal Special Economic Zone (SCZONE) is the biggest and most important facilitator for the country's green energy sector as it has announced a large number of green energy projects recently in collaboration with major international companies like Scatec ASA (Norway) and EDF Energies Nouvelles (Paris, France).

Industrial Info is tracking 10 capital green energy projects worth US$8 billion in Egypt. The industrial gases sector tops the list with the highest investment value of US$4.6 billion for five projects, followed by the fertilizer sector with US$2.7 billion.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for related project reports.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.

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