Sokhna Refinery & Petrochemicals (SRPC) secures $1.4 billion in funding for its project

SRPCSokhna Refinery & Petrochemicals Company (SRPC) has secured USD 1.4 bn in funding for phase one of its refinery plant from an unnamed consortium of European and Chinese lenders, company sources tell AMAY. The funding will cover the development of 85% of phase one, and the company plans to finance the rest through loans from local banks.

(Source: Enterprise.press)

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