Construction & Real Estate

Egypt approves new terminal at East Said Port

CAIRO
Egypt approves new terminal at East Said Port
East Port Said Port to get new terminal. Image for illustration only.

A concession agreement to design, construct, manage, operate and maintain a multi-purpose terminal at East Port Said Port has been approved by the Egyptian Cabinet, a report said.
 
The build-operate-transfer (BOT) agreement will see the allocation of a 900-m quay and 330,000-sq m land for the unnamed company, Mubasher said quoting a statement.
 
The terminal will be designed to handle all types of cargo, the statement added.

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