Tahrir petrochemical complex

30/6/2018
Project development, Project finance

$ 10 billion

Announced

30/6/2018


Overview:

  • Tahrir Petrochemical Complex, an Egyptian company established by Carbon Holdings, signed contracts for the $10.9 billion project including the project management consultancy contracts as well as four separate EPC contracts.
  • The mega petrochemical complex in the North West Gulf of Suez Special Economic Zone will be financed by Export-Import Bank of the United States, the Export-Import Bank of Korea, the Korea Insurance Corporation and the Italian Export Credit Agency (SACE).

Laura Mendes - Researcher

Jurisdiction:

Egypt

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

Egypt

Industry sector:

Oil and gas


Firm:

Party: Tahrir Petrochemical Corporation (Project company)