Rostom said the government is intensifying efforts to secure energy supplies and maintain a strategic stockpile of essential commodities.
The renewal follows the joint declaration signed in April 2025 during French President Emmanuel Macron’s state visit to Egypt, where he met with President Abdel-Fattah El-Sisi.
The funding will support the third phase of the Gabal El-Asfar Wastewater Treatment Plant and a new wastewater treatment plant in East Alexandria.
The project aims to produce one million tons of green ammonia annually in three phases, starting in 2029.
Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, signed two key agreements with the French side in the presence of President Abdel Fattah El-Sisi and French President Emmanuel Macron.
