Anchorage Investments issues EPC tender on $2 billion petchem project in the Suez Canal Economic Zone

Ain Sokhna

Anchorage Investments issues EPC tender on $2 billion petchem project in the Suez Canal Economic Zone

Written by Anup Oommen

Wed 9 Mar 2022Wed 9 Mar 2022

The petchem project aims to enhance the economic value of its feedstock of natural gas derivatives, contribute to the growth of Egypt’s GDP, boost the country’s petrochemical exports, stimulate further foreign direct investment inflows, and benefit from the favourable investment climate in Egypt

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Labourers work at the construction site of the new Egyptian administrative capital, some 40 kms east of Cairo.

Ain Sokhna

Egypt revives dream of Abu Dhabi-like capital in the desert

Written by Staff Writer

Sun 10 Dec 2017Thu 7 Oct 2021

City will be complete with luxury hotels, upscale residential districts, a modern airport and a 345-metre tower, touted as Africa’s tallest