Hynfra CEO Tomoho Umeda shared plans to establish a green ammonia plant in Egypt to cater to Eastern and Central Europe's green ammonia needs. The plant's construction will be completed in phases, with an initial production capacity of 100,000 tons annually by 2030. Umeda emphasized the use of renewable energy sources like solar and wind power to power the plant, showcasing Egypt's commitment to clean energy. The project, with an eventual production capacity of one million tons annually, will see a total investment of $10.6 billion. The company aims to export all output to the European Union, aligning with Egypt's National Climate Strategy 2050. The strategy targets producing green hydrogen cost-effectively and capturing a significant share of the global hydrogen market. The GAFI CEO, Hossam Heiba, highlighted Egypt's strategic focus on green hydrogen and green ammonia, with the aim to meet the European Union's growing demand for these products by 2030. This initiative also signifies Egypt's alignment with its Sustainable Development Plan and Vision 2030, emphasizing the synergy between economic growth and environmental sustainability.