Strategic fit
Excellent
Authorization
Feasible and attractive. Issue the decree.
The decree names EMAC a national Western Desert project, assigns land with the sovereign fund, and opens the first phase.
Market
Strong
Technical
Proven modules
Financial
Strong returns
National
Very strong
Overall
Feasible
Ten months, six gates
BFS and FEED from 21 June 2026. Target investment committee 21 April 2027. Planning budget 0.75% of the first €27.8 bn, about €208 m.
0–1 mo
Gate 0 · Mobilise
Charter, advisors, data room.
1–2 mo
Phase 1 · Model
Audited case. No open signs.
2–6 mo
Phase 2 · FEED
Class 3/4 estimate, site, packages.
2–6 mo
Phase 3 · Commercial
Offtake, prices, carbon.
3–8 mo
Phase 4 · Permits
Land, water, HSE.
8–10 mo
Gate 3 · Ready
Pack for staged capital.
First 90 days
Week 1
Appoint the PMO and freeze the model.
Week 4
Reconcile NPV, IRR and debt. Scope FEED.
Week 8
Vendor prices on the largest packages. Offtake list.
Week 12
Gate 1: continue, pause, or redesign.
Invited to join the corporation
The decree confirms the Egyptian Mega Agriculture Corporation as the corporation that executes, and invites these partners to join it for the first Western Desert phase.
Europe
Engineering, technology and industrial execution.
China
Equipment, technology and industrial execution.
International and GCC investors
International investors, and investors from the Gulf Cooperation Council, taking equity in the corporation.
Banks and institutions
Major Egyptian and international banks and institutions, for debt, guarantees and long finance.
Authorize protein, green fuel and DRI steel as one project.
The decree assigns Western Desert land rights with the Egyptian sovereign fund, names the implementing authority, and releases dairy clusters, fodder houses, the biogas train, methanol, SAF and DRI.
Presidential decree brief · September 2026. Planning figures. Validate before capital commitment.