Baker & McKenzie LLP
04/10/2026 | Press release | Distributed by Public on 04/10/2026 04:50
Baker McKenzie Cairo Advises Indorama on USD 525 Million Fertiliser Investment in Egypt
Baker McKenzie Cairo has advised Indorama Corporation ("Indorama"), a manufacturer of fertilizers, polymers, PET resins, fibers, and textiles, in connection with a USD 525 Million investment in a new phosphate fertiliser plant in Egypt's Suez Canal Economic Zone (SCZONE).
The proposed project represents a significant foreign direct investment into Egypt's industrial sector and is expected to support the country's ambitions to strengthen its fertiliser production capabilities and expand export-oriented manufacturing. According to public announcements, the facility is intended to serve international markets, with a substantial portion of production targeted for export.
Leading on the transaction, Partner Mohamed Elharmy and Senior Counsel Mohamed Ghannam, commented:
"This investment underscores Egypt's continued attractiveness as a strategic hub for large-scale industrial and export-driven projects. We are pleased to have supported Indorama on this landmark investment, which demonstrates strong confidence in the Egyptian market and in the opportunities offered by the Suez Canal Economic Zone."
Baker McKenzie Cairo advised Indorama on key aspects of the transaction, drawing on the Firm's extensive experience advising multinational companies on complex investments, project development, and regulatory matters in Egypt and across the Middle East and Africa. The team was led by Mohamed Ghannam and Mohamed Elharmy and further included Ahmed Shehata, Noureldin Elhyatamy, Marah Hashem, Heba Samy, Zeinab Shohdy, and Omar Zaki.
The proposed project represents a significant foreign direct investment into Egypt's industrial sector and is expected to support the country's ambitions to strengthen its fertiliser production capabilities and expand export-oriented manufacturing. According to public announcements, the facility is intended to serve international markets, with a substantial portion of production targeted for export.
Leading on the transaction, Partner Mohamed Elharmy and Senior Counsel Mohamed Ghannam, commented:
"This investment underscores Egypt's continued attractiveness as a strategic hub for large-scale industrial and export-driven projects. We are pleased to have supported Indorama on this landmark investment, which demonstrates strong confidence in the Egyptian market and in the opportunities offered by the Suez Canal Economic Zone."
Baker McKenzie Cairo advised Indorama on key aspects of the transaction, drawing on the Firm's extensive experience advising multinational companies on complex investments, project development, and regulatory matters in Egypt and across the Middle East and Africa. The team was led by Mohamed Ghannam and Mohamed Elharmy and further included Ahmed Shehata, Noureldin Elhyatamy, Marah Hashem, Heba Samy, Zeinab Shohdy, and Omar Zaki.
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