On December 24, Liao Liqiang, Chinese Ambassador to Egypt, Han Bing, Public Counsellor of the Economic and Commercial Office, Tarek Maura, Minister of Petroleum of Egypt, Mohamed Zamo, Governor of the New River Valley Province, and Blessing of Guizhou Phosphate Group Group, China Construction Co., Ltd., Donghua Engineering Technology Co., Ltd., and representatives of local cooperative enterprises in Egypt witnessed the signing of the Egyptian and Phosphate Fertilizer Company (WAPHCO) jointly Abuta phosphoric acid plant project general contract contract, the contract value is 848 million US dollars.