Egypt plans a $10 billion green ammonia project in Ras Banas, targeting exports and renewable energy leadership.
Egypt is taking a major step toward strengthening its green hydrogen and ammonia ambitions with plans for a large-scale green ammonia project in Ras Banas, southeastern Egypt. The proposed development, valued at nearly $10 billion upon full completion, is being led by Egypt Amun Green Ammonia (EAGA), a joint venture established by Poland-based Hynfra and Egypt’s Coxswains. The initiative reflects Egypt’s broader strategy to position itself as a leading regional and international hub for renewable energy, hydrogen, and sustainable industrial production.
Minister of Industry Khaled Hashem recently held discussions with a delegation from EAGA regarding the progress and scope of the project. The meeting was attended by Tomoho Umeda, President of Hynfra, along with senior representatives from the Ministry of Industry. During the discussions, both sides reviewed the investment framework and the long-term industrial and economic impact expected from the development.
The project will begin with an initial investment of approximately $5 billion during its first phase, with total investments expected to rise to $10 billion as the facility reaches full production capacity. Production is scheduled to begin by 2031, with the first stage targeting an annual output of 400,000 tons of green ammonia. In later phases, this capacity is expected to expand significantly, eventually reaching 1 million metric tons per year.
Located in Ras Banas, the facility will rely entirely on renewable energy through a hybrid system combining both solar and wind power. The total installed renewable generation capacity is expected to reach 2,000 megawatts, equally divided between solar and wind sources. One of the project’s most notable features is that it will operate independently from Egypt’s national electricity grid, reducing pressure on domestic power infrastructure while ensuring sustainable production. The development will span approximately 100 square kilometers, making it one of the largest green industrial projects in the region.
In addition to production facilities, the project includes plans for a fully integrated export infrastructure. A dedicated port for green ammonia exports will be developed to support international shipments, ensuring direct access to overseas markets. During the first operational phase alone, annual export revenues are projected to reach nearly $490 million. This revenue outlook is further strengthened by long-term agreements that have already secured the full production volume for customers across Central and Eastern Europe, highlighting strong international demand for low-carbon ammonia solutions.
Minister Hashem reaffirmed the government’s strong support for industrial projects that promote renewable energy adoption and sustainable economic growth. He emphasized that the Ras Banas project aligns with Egypt’s national objectives of diversifying its energy mix, reducing dependence on conventional fuels, and localizing advanced clean energy technologies. He also noted that such projects contribute to easing demand on the national grid while creating opportunities for industrial expansion and export growth.
Tomoho Umeda highlighted Hynfra’s commitment to contributing its extensive expertise in the ammonia sector to Egypt’s clean energy transformation. Drawing on over a century of industry experience, Hynfra aims to support Egypt in building a globally competitive green ammonia value chain. He explained that the project is designed not only for exports but also for integration with key domestic sectors such as agriculture, water management, and energy infrastructure, ensuring wider economic benefits.
Hynfra, headquartered in Poland, focuses on renewable hydrogen and green ammonia development worldwide and has recently strengthened its Egyptian presence through EAGA. Its local partner, Coxswains, brings strategic marketing and commercial expertise across sectors including energy, industrial services, hospitality, and media, further supporting the project’s long-term viability.
This ambitious development signals Egypt’s growing leadership in the global green ammonia market and reinforces its commitment to sustainable industrial transformation.
