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Masr Capital said it targets the completion of its assessment process of the phases to build up the world’s third biggest fertilizer plant within the coming three months. The firm pointed out that the investment cost of the fertilizer plant amounts to around EGP one billion.
Masr Captial further noted that the fertilizer plant will be one of Evergrow For Specialty Fertilizers’ subsidiaries.
Masr Capital’s Chairman and Managing Director Hassan Soliman stated that the firm has completed the infrastructure works of the fertilizer plant.
“The new plant will be built similar to the world’s biggest two fertilizer plants in the USA and Israel.” Soliman added
