Monday, 25 May 2026
Egypt unveils €90 million project to boost kaolinite sand value
Egypt’s Prime Minister, Dr. Mostafa Madbouly, chaired a high-level meeting today to review an ambitious new project aimed at maximizing the value of the country’s abundant kaolinite sand deposits. The meeting took place at the government’s headquarters in the New Administrative Capital, with key ministers and industry leaders in attendance.
The project, presented by INCOME Group, targets the economic zone of the Suez Canal in Ain Sokhna and involves investments estimated at €90 million. By leveraging state-of-the-art technologies for the physical, chemical, and thermal processing of raw kaolinite sands — which are especially rich in alumina — the project aims to convert local resources into high-value industrial products.
Prime Minister Madbouly reaffirmed his government’s commitment to supporting investments across key sectors, including mining industries, as part of broader efforts to encourage innovation and attract both local and international investors.
Minister of Petroleum and Mineral Resources, Eng. Karim Badawi, highlighted the government’s focus on strengthening Egypt’s position as a competitive, manufacturing-based economy by encouraging advanced value-added processing of mineral resources.
During the meeting, INCOME’s chairman, Eng. Hesham Sheta, emphasized the company’s strong commitment to sustainable industrial development and maximizing the economic benefits of Egypt’s natural resources.
According to Cabinet Spokesperson Mohamed Al-Homsani, the project will also help reduce Egypt’s reliance on imports and open new horizons for exports, positioning the country as a regional industrial and logistics hub in the field.