Egyptian engineer Petrojet submits lowest bid for $70m Jordanian fertilizer project contract

Egyptian construction engineering company Petrojet has submitted the lowest bid for a $70 million Jordanian fertilizer project, Meed reported.

Jordan-based minerals harvesting firm Arab Potash Co. is the client on the project, which is to expand one of its facilities in Jordan.

The official contract award is yet to be received by APC.

APC has been reported to be the eighth largest potash producer on a global level, and the only producer of potash in the Arab world as a whole.

In addition to this, APC has announced $306 worth of profit in 2021, reflecting its best financial results in ten years.