• Oli Capital

SCZONE signs deal for $10 billion in investments to produce green fuels

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Suez Canal Economic Zone (SCZONE) has signed six memoranda of understanding for investments worth US$ 10 billion for green hydrogen and green ammonia projects with major international companies and consortiums, to establish industrial facilities and complexes in Sokhna zone to produce green fuel and use it for ship bunkering purposes or export to foreign markets, according to the company's release.



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