Hutchison Ports has signed a long-term agreement with Egyptian Navy for the development and operation of a new container terminal in Abu Qir, Egypt. The total investment in the new terminal is estimated to reach $730m.
An online signing ceremony was jointly hosted by His Excellency Commander in Chief Vice Admiral Ahmed Khaled Saied, Egyptian Navy and Mr Eric Ip, group MD of Hutchison Ports, together with management teamsg in Hong Kong and …
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Source: The Loadstar
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