Core Insights - The project is a green fertilizer and geothermal power station with an annual production capacity of 480,000 tons, marking the first green fertilizer production initiative by a Chinese company in Kenya [1] Investment Overview - The total investment for the project is approximately $800 million, which will produce green ammonia, urea, and calcium ammonium nitrate [1] Strategic Importance - The project aims to utilize Kenya's abundant geothermal energy to produce fertilizers, addressing the long-standing issues of fertilizer supply instability and price volatility faced by farmers, thereby ensuring national food security and saving foreign exchange [1][1] - The project aligns with Kenya's national development strategy and is considered a crucial part of the country's transformation process [1] Company Perspective - The chairman of Kaishan Holding Group emphasized that the project will contribute to solving Africa's food security challenges by ensuring a stable supply of fertilizers [1]
中企在肯尼亚投建营的绿色化肥厂项目开工