NEWS

Prime Minister Moustafa Madbouli asserted the Egyptian government’s commitment to supporting the Green Hydrogen Production Project, which is being implemented by Norway’s Scatec in partnership with the Sovereign Fund of Egypt, Orascom Construction and Fertiglobe in the Ain Sokhna Industrial Zone.

He said that the project began partial production, and that a broader launch will take place in the coming period, significantly contributing to the export of green hydrogen to Europe, in addition to several other international markets.

These remarks came during a meeting held by Madbouli on Monday evening at the government headquarters in the New Administrative Capital to review the implementation status of the 100-megawatt green hydrogen project in the Ain Sokhna Industrial Zone affiliated with the Suez Canal Economic Zone (SCZONE) and executed by the same consortium led by Scatec.

The meeting was attended by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir, Minister of Planning, Economic Development and International Cooperation Rania el Mashat, Minister of Electricity and Renewable Energy Mahmoud Esmat, Chairman of SCZONE Walid Gamal el Din, Norwegian Ambassador to Egypt Erik Høglund Husem, EU Ambassador to Egypt Angelina Eichhorst, CEOO of Scatec Terje Pilskog and Scatec’s Vice President for the Middle East Mohamed Amer as well as officials from several European banks.