The General Authority for Investment and Free Zones (GAFI), led by President Mr. Hossam Heiba, has launched a new project to boost Egypt’s role in renewable energy. In collaboration with the Polish company Hynfra, Egypt will set up a green ammonia production plant with an initial investment of $1.6 billion. This partnership was announced in a meeting attended by key figures, including Hossam Heiba, Tomoho Umeda (Founder and CEO of Hynfra), Engineer Dr. Hussein El-Ghazawy (Hynfra’s Executive Partner in Egypt), and Ministerial Commercial Counselor Yehia El-Wathik Bellah, Head of the Trade Representation Authority.
Hynfra plans to build five green ammonia production plants across Central and Eastern Europe, with Egypt chosen as the flagship location. The first phase of the facility, set to be completed by 2030, will produce 400,000 tons of green ammonia annually, with plans to increase production to one million tons per year. The plant will use Egypt’s abundant renewable energy sources, such as solar and wind, to power the production process. Any excess electricity will be supplied to Egypt’s national grid, supporting the country’s renewable energy efforts. Additionally, Hynfra aims to introduce advanced technologies in green hydrogen production, energy storage, and water desalination to Egypt.
The company’s green hydrogen production process uses water electrolysis to produce hydrogen, which is then combined with nitrogen in controlled conditions to create green ammonia. This sustainable method eliminates the need for fossil fuels. The entire output will be exported to the European Union through long-term contracts, positioning Egypt as a vital player in the EU’s strategy to ensure a sustainable energy supply.
President Heiba emphasized Egypt’s progress in becoming a hub for green hydrogen and ammonia, citing initiatives like the Green Hydrogen Production Projects Incentives Law and the creation of the National Council for Green Hydrogen. He also mentioned the “golden license” program, which simplifies the approval process for important projects.
These efforts support the European Union’s target of importing 6 million tons of green hydrogen and 4 million tons of green ammonia by 2030. During the discussions, various investment opportunities and potential locations were explored, focusing on access to renewable energy and proximity to export ports. President Heiba assured Hynfra of full support from GAFI throughout all stages of the project, from securing permits to overseeing the operational setup.
