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Egypt draws nearly $10 billion petrochem investment plan for 2026-2030

Egypt’s state-owned Echem said it plans to invest nearly $10 billion in petrochemical projects during the 2026-2030 development plan to expand output and nearly triple revenues from petrochemical products.

Egypt has outlined plans to invest nearly $10 billion in petrochemical projects to lift output and nearly triple revenue from the products. State-owned Egyptian Petrochemicals Holding Co. said the new spending would be made during the 2026-2030 development plan.