Hong Kong-based port operator Hutchison Ports has decided to invest further in the Egyptian container industry signing two concession agreements with the Egyptian Government for the box terminals in Ain Sokhna Port and El Dekheila Port.
The total investment for the initial operations of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion.
Hutchison Ports will cooperate with major container carriers for the completion of the...