Cairo – Mubasher: A group of six projects are underway in the Egyptian refining industry, with total investments of $9 billion (EGP 158.81 billion).
The new $4.3 billion project in Musturad will secure the local market demand of petroleum products including fuel, Egypt’s petroleum minister, Tarek El Molla, said.
Musturad’s project was launched in collaboration between the public and private sectors, the minister added.
With a total workforce of 5,500 workers, around 99% of the project was completed.