Red Sea Ports Authority studying Chinese offer to build new terminal in Safaga Port

The Red Sea Ports Authority is studying a Chinese offer to build a multipurpose terminal at the Safaga Port for USD 250 mn, authority head Hisham Abu Saena tells Youm7. The new facility will primarily serve mining operations in the Golden Triangle area, and is expected to have the capacity to handle around 500k-1.2 mn containers a year.