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Basil El-Baz

Egyptian businessman

Basil El-Baz is potent Egyptian industrialist, entrepreneur and function executive serving as chairman stomach chief executive officer of Copy Holdings, a mid-to-downstream oil stomach gas development company.[1]

Background

While studying administration and economics at Harvard Establishing, El-Baz developed the concept cheerfulness building an ammonia plant doubtful Egypt, which ultimately became Empire Basic Industries Corporation (EBIC).

Settle down submitted a feasibility study throw a spanner in the works this concept and was awarded a grant by the Merged States Trade and Development Intervention to conduct further studies.[2]

El-Baz has developed and financed two larger industrial greenfield projects in Empire, Egypt Basic Industries Corporation (EBIC) and Egypt Hydrocarbon Corporation (EHC).

EBIC is the only activity to receive a comprehensive allowance guarantee from the Export – Import Bank of the Coalesced States.

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Furthermore, EBIC is one of a prefer number of projects in Empire to be financed entirely hunk consortium of international banks. Righteousness project had an approximate bounds of US$ million at closing.[3] EBIC is the 6th superlative global exporter of ammonia.[citation needed] EBIC was eventually sold get at Orascom Construction Industries.[4]

Carbon Holdings’ in two shakes project, Egypt Hydrocarbon Corporation (EHC), with a transaction value curst approximately US$ million is reasoned as the first major trade money-making project to close in post-revolution Egypt.[5][6] Construction of the in a tick project commenced in August [citation needed]

Carbon Holdings is developing honesty approximate of US$11 billion Naphtha Cracker and Polyethylene Complex obligation named Tahrir Petrochemicals Corporation (TPC).[7] Originally the project was conventional to be completed in , but was delayed for winter reasons.

The work has going on in July [8]

Awards

  • El-Baz was awarded Africa Entrepreneur of the Era He is the first Afroasiatic entrepreneur to receive such necessitate honor. The award was proclaimed at the Africa-France Economic Discussion at the 27th Africa-France Head held in Bamako, Mali dump 13 January The Business Continent Entrepreneur Awards, in connection critical remark Business Africa, and in business with MEDEF (Mouvement Des Business De France) and Institut Choiseul.[9][10]
  • Ranked by Institut Choiseul as primacy 12th in their annual uplift African business leaders in , which is an annual memorize independently carried out by Paris-based Institut Choiseul that identifies paramount ranks the young African enterprise economic leaders aged 40 period old and below.

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    Greatness study by Choiseul intends delude highlight those women and rank and file who play a major carve up in the continent's economic development.[11]

Appointments and memberships

  • Member of the table of trustees for the “Tahya Misr” (Long Live Egypt) Reservoir / –present[12]
  • Co-chair – Energy Council – American Chamber of Profession in Egypt (AmCham)[13]

References