---
title: "CAC: Plans to invest USD 150 million to build a pesticide and functional chemicals project in Egypt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240836334.md"
description: "CAC plans to invest USD 150 million in Egypt to build a pesticide and functional chemicals project, with an expected construction period of 2 years. The funding sources include self-owned funds and bank loans. This project aligns with the \"Belt and Road\" development strategy, aiming to enhance the company's delivery efficiency and service responsiveness in overseas markets, optimize capacity layout, and strengthen core competitiveness and sustainable development capabilities"
datetime: "2025-05-19T11:54:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240836334.md)
  - [en](https://longbridge.com/en/news/240836334.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240836334.md)
---

# CAC: Plans to invest USD 150 million to build a pesticide and functional chemicals project in Egypt

CAC announced that the 18th meeting of the third board of directors reviewed and approved the proposal on external investment for the construction of pesticide and functional chemical projects, agreeing to invest no more than USD 150 million in Egypt using its own and raised funds. The expected construction period is 2 years. The total investment for the project will not exceed USD 150 million, with funding sourced from the company's own funds and bank loans. This project aligns with the national "Belt and Road" development strategy, helps enhance the company's delivery efficiency and service responsiveness in overseas markets, optimizes the company's capacity layout, and promotes the enhancement of the company's core competitiveness and sustainable development capabilities

### Related Stocks

- [301665.CN](https://longbridge.com/en/quote/301665.CN.md)

## Related News & Research

- [Milisystem Deepens Defence Push With Major Investment in Defence.Hub S.A.](https://longbridge.com/en/news/296259225.md)
- [Meet the Dividend King That's Quietly Crushing the S&P 500 in 2026. Here's Why It's a Buy This August.](https://longbridge.com/en/news/296262501.md)
- [Warren Buffett's Successor, Greg Abel, Has 34.7% of Berkshire Hathaway's Portfolio Invested in These 2 Artificial Intelligence (AI) Stocks](https://longbridge.com/en/news/296274565.md)
- [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md)
- [Interactive Brokers Is Holding $930 Billion of Customer Money. Here's What That Earns at Today's Rates.](https://longbridge.com/en/news/296319893.md)