Deputy Prime Minister for Economic Affairs Hussein Eissa met on Wednesday Chairman of China National Chemical Engineering Group (CNCEC), Ding Zhaojing, to review the progress of the company’s projects in Egypt and discuss plans to expand investment in chemical, petrochemical and other value-added industries.
The talks covered CNCEC’s key projects in Egypt, including the New Alamein soda ash plant and the Red Sea National Petrochemicals Complex in the Suez Canal Economic Zone, alongside other ventures in which the company is participating as a contractor or investor.
The projects form part of Egypt’s strategy to localize high-value industries, increase local content and strengthen industrial cooperation with China.
Eissa said the projects would support domestic manufacturing, reduce reliance on imports, boost exports and reinforce Egypt’s position as a regional production and trade hub serving Middle Eastern and African markets.
He reaffirmed government support for strategic industries, particularly the soda ash project, highlighting its role in improving self-sufficiency and supplying local manufacturers.
