News Agriculture

Egypt to invest $573mln phase 1 of phosphoric acid plant by 2026

Egypt to invest $573mln phase 1 of phosphoric acid plant by 2026
Friday, 13 June 2025 13:20

• Egypt to launch $573 million project to produce phosphoric acid for fertilizers
• First phase to yield 250,000 tons annually; commercial output expected in 2028
• Project aims to cut imports and grow Egypt’s share in global fertilizer trade

Egypt is set to boost its domestic fertilizer industry through a $573 million investment in a new phosphoric acid production plant, scheduled to begin construction in 2026. The plant will be located in the Abu Tartour area of New Valley Governorate and is expected to enter commercial service in 2028.

The facility, developed under the Abu Tartour for Phosphoric Acid project, will be built in two phases with a target capacity of 500,000 tons of phosphoric acid per year. The first phase will account for half that volume. Phosphoric acid is a critical component in the production of both solid and liquid phosphated fertilizers.

Contracts for engineering, procurement, and construction (EPC) are expected to be finalized by the end of June 2025, paving the way for construction to begin in 2026.

Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, described the plant as a strategic step to increase the value of local mineral resources. “Phosphoric acid is a key raw material in the chemical industry, especially for fertilizers. This will allow Egypt to reduce its imports and expand its export capabilities,” he said.

Egypt is currently the second-largest exporter of chemical fertilizers in Africa. The government hopes this project will enhance its competitiveness in the global market, especially in the phosphated fertilizer segment. According to Trade Map data, Egypt’s fertilizer exports reached $2.43 billion in 2024, with $549.5 million generated from phosphate fertilizer, representing 22.5% of the total.

On the same topic
Rwanda is targeting China and India to diversify horticulture export markets Airspace restrictions have disrupted shipments to the Middle East, a key...
Kenyan agricultural exports to China will be duty-free starting May 1 Move covers key products including tea, coffee, avocados, and...
The United States is exploring Morocco as an alternative fertilizer supplier amid Middle East disruptions. About 22% of U.S. fertilizer imports,...
Victory Farms plans a $5.7 million fish farm on Lake Victoria Project could add up to 30,000 tons of tilapia annually Aquaculture is...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.