China Harbour Engineering Company (CHEC) began yesterday the construction of a new terminal basin at the Ain Sokhna Port, Xinhua reports. The project is slated for completion by 4Q2019, Chen Shuang, deputy director of CHEC’s marketing department said. The UAE’s DP World awarded the project to CHEC, which is using dry excavation in its construction in order to reduce the cost by more than 30%, Deputy Project Manager Ahmed Omar said, without disclosing the total investment value.