|22 August, 2019

Egyptian government nods to building of a multi-purpose terminal

The contract will see the allocation of 900-metres quay and 330,000-square metre land for the company

Image used for illustrative purpose. The sun sets over the port of El Dekheila near the fishermen's village of El Max in the Mediterranean city of Alexandria October 29, 2014.

Image used for illustrative purpose. The sun sets over the port of El Dekheila near the fishermen's village of El Max in the Mediterranean city of Alexandria October 29, 2014.

REUTERS/Amr Abdallah Dalsh

Cairo – The Egyptian Cabinet on Thursday approved a concession agreement to design, construct, manage, operate, maintain, and redelivery of a multi-purpose terminal at East Port Said Port on a Build-and-Transfer (BOT) basis, with an unnamed company.

The contract will see the allocation of 900-metres quay and 330,000-square metre land for the company, according to a statement.

The terminal will be built and designed to handle all types of cargo, the statement added.

Source: Mubasher

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