Aswan Governor Ashraf Attia met with Amr Fayed, representative of the Indian IVL Dhunseri Polyester Company, as well as officials of the Misr Phosphate Company, to review the establishment of the largest industrial complex for fertilizers in the Phosphate Industrial Zone in Wadi Hilal.
In a press statement, Aswan Governor stressed that the complex is located on an area of 500,000 square meters with expected investments of LE20 billion, which will contribute to providing 3,000 direct job opportunities. The complex will operate two garbage recycling plants in the cities of Aswan and Edfu.
Attia said that the governorate will provide all possible investment facilities with various aspects of support to establish the integrated industrial complex for phosphate fertilizers in light of the presence of huge reserves of phosphate of high purity and quality, in Aswan.
Th complex is among a number of industrial complexes targeted to be established in the phosphate industrial zone in Wadi Hilal, which was established by a presidential decree on a total area of 5,115 acres, as it is located in a privileged location next to the mines from which phosphates are extracted.
Attia referred to the availability of infrastructure of railway networks and highways, which are being upgrade.
The railway is near the Red Sea ports, and river transport can be also used to export to north or south towards African markets, he said.
Attia revealed that the meeting also dealt with the redevelopment and operation of the garbage recycling plants in the cities of Aswan and Edfu, and the two sanitary landfills attached to it, in order to benefit from waste recycling within the governorate’s climate change strategy.