World’s leading port investor, developer and operator Hutchison Ports has announced the expansion of its cooperation with the Egyptian Government through the initialing of concession agreements for two new concessions to operate world-class container terminals in Ain Sokhna Port and El Dekheila Port.Total investment for the initial operations of the two projects is approximately USD 700 million, bringing Hutchison Ports’ total investment in Egypt to over USD 1.5 billion. Together with the co-investors CMA CGM, COSCO SHIPPING Ports for the project in Sokhna and Terminal Investment Limited for the project in El Dekheila, Hutchison Ports is confident to bring these projects to a success.
World’s leading port investor, developer and operator Hutchison Ports has announced the expansion of its cooperation with the Egyptian Government through the initialing of concession agreements for two new concessions to operate world-class container terminals in Ain Sokhna Port and El Dekheila Port.Total investment for the initial operations of the two projects is approximately USD 700 million, bringing Hutchison Ports’ total investment in Egypt to over USD 1.5 billion. Together with the co-investors CMA CGM, COSCO SHIPPING Ports for the project in Sokhna and Terminal Investment Limited for the project in El Dekheila, Hutchison Ports is confident to bring these projects to a success.