The Alexandria Port is set to complete its EGP 840 mn cargo truck overpass, EGP 460 multi-storey garage, and new mooring and docking facilities within two years, Transport Minister Kamel El Wazir said (watch, runtime: 6:33). The port’s development, which will cost a total of EGP 6 bn including EGP 5.1 bn of construction work, is one of several port upgrades that have not been slowed down by covid-19.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…