His excellency Eng. Karim Badawi Reviews Progress on Red Sea National Petrochemicals Complex.
Eng. Karim Badawi Minister of Petroleum and Mineral Resources, held a meeting to follow up the implementation status of the Red Sea National Petrochemicals Complex project, planned to be established in the Suez Canal Economic Zone (SCZONE).
The meeting was attended by Major General Magdy Anwar, Director General of the National Service Projects Organization (NSPO), along with the Heads of the petroleum sector companies participating in the project.
Within the framework of the 2nd pillar which focuses on developing the petrochemicals and refining industry , the Minister asserted that the complex is one of the most significant projects supporting the Egyptian economy, given its significant economic value through increasing local production.
During the meeting, Eng. Mohamed El Saadawy, CEO Red Sea National Petrochemicals Co. reviewed the implementation status of the project, being developed in two phases.
