During the discussion, ways to cooperate between the ministry’s affiliated fertilizer companies and IGSAS in the fields of fertilizer production, technology development, and increasing production capacity were addressed.
According to the report, the company is expected to achieve a growth rate of approximately 88% compared to the actual results of FY2022/2023.
These efforts not only aim to increase agricultural production but also contribute to job creation.
Ahmed Mostafa, Chairman of the Board of Directors of the Cotton & Textile Industries Holding Company, said that a loan of 185 million Euros was signed by Italian institutions last month
The mining, chemical, and fertilizer sectors are the top three sectors in the public sector that are exported, with annual exports reaching about $1 billion.