Page 66 - Phelan Energy Green Ammonia Plant Egypt
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Benefits to Local Economy
PEG’s initiative will lead to creation of approx. 1800 jobs during construction and an operational sustainable workforce of over 600
The development will boost green ecosystem in the country, and support establishment of a green hydrogen/ammonia export hub. There shall be USD 4.5 BN of exports during the 30-year project lifetime (forecast)
Development of the project will enable domestic industries to source low-cost green hydrogen from the local plant
Employment generation
Supporting domestic industries
Development of green ecosystem & export hub
Social and economic development initiatives
PEG will undertake CSR activities and initiatives for social and economic development of Egypt
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