Misr Insurance Wins Kima 2 Fertilizer Plant’s Insurance Policy

Egypt’s Misr Insurance Company has won an insurance policy for the rehabilitation project of Kima 2 Fertilizer Plant in Aswan.

According to senior sources with knowledge of the talks, Kima 2 rehabilitation insurance policy is with total sum insured of US$600 million or 4.3 billion Egyptian pounds.

The sources further said the policy is a three-year term, designated to provide insurance coverage against engineering risks for the Kima 2 rehabilitation project including dangers of maintenance and tests.