“Egypt can with industry” .. the economic zone of the Suez Canal signs a memorandum of understanding in the field of clean energy

“Egypt can with industry” .. the economic zone of the Suez Canal signs a memorandum of understanding in the field of clean energy

6/2/2022

Ambassador Nabila Makram, Minister of Immigration and Egyptians Abroad Affairs, and Engineer Mohamed Ahmed Morsi, Minister of Military Production, witnessed the signing ceremony of the memorandum of understanding between the Suez Canal Economic Zone and the German company H2 Industries specialized in energy storage, to establish the first plant for converting waste to green hydrogen in the economic zone, with investments of about 4 billion dollars.

The signing comes on the sidelines of the sixth edition of the Egypt Can Industry Conference, which is currently being held in the new administrative capital under the auspices of President Abdel Fattah El-Sisi.

It is worth noting that the Suez Canal Economic Zone has signed 6 memoranda of understanding with international companies to establish projects for the production of hydrogen and green fuel.

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