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A Review of Rapid Expansion of Fertilizer Companies in Egypt

Apr 17th 2015 at 5:26 AM

A country full of deserts as well as minerals in the Middle East, Egypt offers an exploration ground for various traders and business enterprises. Many such enterprises approach the country and its capital city Cairo in search of minerals and petroleum products. A very important product is fertilizers and the fertilizer companies in Egypt are virtually flourishing due to huge sales and transactions.

Difficulties to be addressed

However exploring minerals in Egypt is not one of the easiest of the propositions for the prospective buyers. Various factors come to play major influence on the process of buying fertilizers in Egypt. The same analogy also applies in case of transaction relating to iron ore and petroleum products in Egypt. Some of the major issues to be addressed are long and cumbersome distances, the extremities of climate, poor bibliographies as well as lack of facilities for the prospective buyers.

Attempts at Mineral Exploration

Multinational companies and large organizations prefer obtaining mining lease so as to buy iron ore in Egypt. For this they often use the services of reliable and efficient local trading partners who take care of striking profitable deals. Such intermediaries also become very useful for medium and smaller enterprises who do not opt for mining lease and instead prefer to buy iron ore in Egypt from some provider company. The service provider ensures that the buyer gets all the worth for the money invested. In addition; such agencies also take care of the legal issues involved in procurement of the minerals and petroleum products.

Major Sources of Products

Major sources of minerals and petroleum products in Egypt are the Western Desert, Sinai Peninsula, and Red Sea Coast. These areas are not so rich in iron ores and other such minerals but are quite rich in fossils that make them potential sources for petroleum products. When buyers procure petroleum products online in Egypt they are often accommodated using these potential sources.

Balancing the Population Load

A severe hindrance on the path of the Egyptian economic progress is absence of arable lands in the country that is only around 5% of the total land in the country. However this deficiency is neutralized to a large extent by the large export of fertilizers in Egypt. In addition; many customers also opt for petroleum products online in Egypt and these two are major sources of national income for the country.

Decentralized Market Oriented Economy

Modern economic scenario in Egypt is one of decentralized and markets oriented system of planning and its implementation. This has attracted large amount of foreign investments and most of the investments are in the iron ore, petroleum products sectors as well as in the Fertilizers Companies in Egypt.

In fact; fertilizer has assumed a premier position in the Egyptian economy and its agrarian sector. Farmlands are extremely intensively cultivated producing multiple crops annually. This requires use of high quality fertilizers without much adverse health effects for users of the crops and that is why of late the fertilizer companies in the country are expanding rapidly.

For More Details Visit Here: Buy Iron Ore in Egypt


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