Petrochemicals

petrochemicals

  • Petrochemicals

Petrochemical industry plays a vital role in the Egyptian economic development and growth. In recognition of the importance of petrochemicals industry in Egypt seconomy, along with the Introduction existence of successful drivers, petrochemical development strategy has settled to accelerate the implementation of such industry. The sector employs about 7,600 people. In 2010/2011 Egypt has produced 5.6 million tons of petrochemical products; 2.6 million tons of which were exported worth USD 1.7 million, according to ECHEM annual report 2010/2011.

  • Retail:

The Egyptian retail sector is set to continue to grow over the next few years, with its vast and continuously expanding population and increasing levels of disposable income resulting in a strong rise in household spending across all retail subsectors

 

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