The Ministry of Petroleum released a statement about developing of the petrochemical industries within the next five years until 2021.
The statement assured that 8 projects were carried out worth $ 7.3 billion during the previous years.
Capacity of those projects reach 5 million tons a year.
The statement revealed that production of the medium and final chemicals.
It invests about $ 1.5 billion to reach 11 million tons per year.
The statement also assured that there is a plan to construct four complexes of the mini and medium-sized petrochemical industries.
Those complexes create 7500 jobs over the operation period.
(Source: Sada El Balad)