In Egypt, USTDA awarded grants in 2020 to the Amreya Petroleum Refining Company (APRC) and Suez Oil Processing Company (SOPC) for feasibility studies to modernize each company’s refinery. These grants are a part of USTDA’s ongoing collaboration with the Ministry of Petroleum and Mineral Resourced to make Egypt a regional energy hub. The grants aim to increase the efficiency and profitability of their refineries while reducing environmental impacts.
Business Monthly took the chance on the sidelines of the U.S GreenTech Business Mission to Egypt to secure a one-on-one with Director Enoh T. Ebong to learn more about planned investment opportunities in Egypt, priority sectors and ways for Egypt to expand its exports portfolio. Ebong leads USTDA in its efforts to develop sustainable, clean infrastructure and foster economic growth in emerging economies, while also supporting U.S. jobs through the exports of U.S. goods and services.