How Egypt is developing its Golden Triangle
The Egyptian government is currently developing the Golden Triangle area, which was recently designated as the richest in iron, copper, gold and phosphate minerals.
The Egyptian government has recently described the Golden Triangle as one of the richest economic areas in Egypt given its large mineral reserves.
The Golden Triangle lies in Abu Tartour on the outskirts of Qena governorate in Upper Egypt and is home to a mining area rich in phosphate reserves, estimated at almost 1 billion tons.
The Egyptian Cabinet’s Information and Decision Support Center, said in an infographic report published on its Facebook page Sept. 23 that the Golden Triangle area is rich in metallic and nonmetallic minerals.
According to the report, the Golden Triangle contains iron, copper, gold and phosphate minerals, amounting to 75% of all of Egypt’s mineral resources, and holding Egypt’s phosphate reserves, paving the way for numerous investment opportunities in building new factories in various fields.
