Media ININ Economy We Trust
Media In / Agencies / Amman 25 March 2018
Al Manaseer Group signed a tender for the establishment of an industrial complex for the production of specialty fertilizers in the city of Aqaba, where French company Technip France, AS, took the tender to design the project and build the complex of 11 factories with an investment volume of up to one billion dollars.
The agreement was signed on behalf of the Group, Vice Chairman of the Board of Directors of the Manasir Group Moyen Qadada, and the French company General Manager Christoph Veronoud.
In a statement issued by the company, Qadada said the project would have a direct impact on the national economy and serve the local community by creating more than 1,000 direct and 3,000 indirect opportunities.
For his part, Veronodod said that the project, which covers an area of about 900 thousand square meters, is important for the fertilizer industry in the Kingdom and the region.
The actual production of the industrial complex, as planned, will start in the first quarter of 2022, in addition to the adoption of Jordanian raw materials, which are supplied from phosphate, potash and bromine factories. 90% of the production will be exported to international markets.
