{"id":623943,"date":"2024-06-13T00:00:00","date_gmt":"2024-06-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/"},"modified":"2024-06-13T00:00:00","modified_gmt":"2024-06-13T00:00:00","slug":"chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","title":{"rendered":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Investments a-hoy<\/strong><strong>: <\/strong>Shipping and logistics giants from China and closer to home in the UAE are getting ready to invest in our ports and the government is set to start work on a new port in Taba soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Even more investments earmarked for our ports:<\/strong> Chinese shipping and logistics group Cosco Shipping will invest USD 375 mn this year to increase its container capacity at various Egyptian ports, <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/1800819530563776674\" style=\"\" rel=\"noopener\">Asharq Business<\/a> quoted CEO Zhao Fengnian as saying.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- AD Ports is taking over three tourism terminals: <\/strong>AD Ports will develop, operate, and manage three cruise terminals in Hurghada, Safaga, and Sharm El Sheikh that will launch in 2025, after inking a concession agreement with the Red Sea Port Authority that will see AD Ports invest USD 4.7 mn over 15 years, the group said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/6\/1190.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> yesterday. Under the agreement, AD Ports will \u201cprovide new services, improve access for cruise operators and add new itineraries through the Group\u2019s cruise terminal network in the Red Sea.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That\u2019s not all: <\/strong>The group also inked two 30-year concession agreements with the SCZone that will see it develop, manage, and operate a roll-on, roll-off ship terminal and a cruise terminal in Ain Sokhna Port.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>The agreements \u201creaffirm our commitment to bolstering the cruise tourism sector in the Red Sea, through providing world-class facilities and services to passengers, while further strengthening bilateral ties between the UAE and Egypt,\u201d AD Ports Group CEO Mohamed Juma Al Shamisi said. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- A maritime port in Taba:<\/strong> The government will break ground on construction works on the Taba Maritime Port in 2024 or 2025, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/64747\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D9%88%D9%84-%D8%B9%D9%84%D9%89-%D8%B3%D9%83%D8%A9-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA%D9%87%D8%A7-%D8%A5%D9%84%D9%89-%D9%84%D9%8A%D8%A8%D9%8A%D8%A7\/?utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=asharqbegy\" style=\"\" rel=\"noopener\">Asharq<\/a><a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/article\/64747\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D9%88%D9%84-%D8%B9%D9%84%D9%89-%D8%B3%D9%83%D8%A9-%D8%A7%D9%84%D8%AD%D8%AF%D9%8A%D8%AF-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA%D9%87%D8%A7-%D8%A5%D9%84%D9%89-%D9%84%D9%8A%D8%A8%D9%8A%D8%A7\/?utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=asharqbegy\" style=\"\" rel=\"noopener\">Business<\/a> reports, citing Transport Minister Kamel El Wazir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investments will go towards increasing container capacity at various Egyptian ports<\/p>\n","protected":false},"author":1,"featured_media":623944,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8237],"tags":[8646,72,7111,145,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-ad-ports","tag-enterpriseam","tag-infrastructure","tag-logistics","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"9face794-e574-4fde-8007-b955053d60fc","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1078.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025","related_issue":[623938],"teaser":"The investments will go towards increasing container capacity at various Egyptian ports","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.bd6ff4ae-a40d-497e-a79e-e3d631407cd5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025\" \/>\n<meta property=\"og:description\" content=\"The investments will go towards increasing container capacity at various Egyptian ports\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025\",\"datePublished\":\"2024-06-13T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\"},\"wordCount\":302,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AD Ports\",\"EnterpriseAM\",\"infrastructure\",\"logistics\",\"tourism\"],\"articleSection\":[\"Logistics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\",\"name\":\"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-06-13T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","og_locale":"en_US","og_type":"article","og_title":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025","og_description":"The investments will go towards increasing container capacity at various Egyptian ports","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-06-13T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025","datePublished":"2024-06-13T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/"},"wordCount":302,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1","keywords":["AD Ports","EnterpriseAM","infrastructure","logistics","tourism"],"articleSection":["Logistics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","name":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1","datePublished":"2024-06-13T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548560,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/14\/foreign-companies-could-invest-usd-1-3-bn-in-egypts-ports\/","url_meta":{"origin":623943,"position":0},"title":"Foreign companies could invest USD 1.3 bn in Egypt\u2019s ports","author":"enterpriseam admin","date":"14 August 2022","format":false,"excerpt":"Egyptian ports could see more than USD 1 bn in foreign investment as international companies look to expand capacity and capitalize on Egypt\u2019s position as a strategic trading route. Under agreements signed Thursday with Hutchison Ports and AP Moller-Maersk, as much as USD 1.3 bn could be invested in the\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582730,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/govt-signs-usd-1-6-bn-agreements-with-intl-firms-to-develop-sokhna-dekheila-ports\/","url_meta":{"origin":623943,"position":1},"title":"Gov\u2019t signs USD 1.6 bn agreements with int\u2019l firms to develop Sokhna + Dekheila ports","author":"enterpriseam admin","date":"16 March 2023","format":false,"excerpt":"The two terminals will almost triple the ports\u2019 combined capacities","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/rsz_2023-01-05t134314z_1661669528_rc2cky9pw7ja_rtrmadp_3_ukraine-crisis-cmacgm-russia.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584041,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/26\/abu-dhabi-ports-bids-for-state-owned-port-operators-al-mal\/","url_meta":{"origin":623943,"position":2},"title":"Abu Dhabi Ports bids for state-owned port operators -Al Mal","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"Talks with the Qatar Investment Authority for the companies have stalled","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/425.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577280,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/16\/maersks-scct-inks-contract-for-usd-500-mn-east-port-said-port-expansion\/","url_meta":{"origin":623943,"position":3},"title":"Maersk\u2019s SCCT inks contract for USD 500 mn East Port Said port expansion","author":"enterpriseam admin","date":"16 November 2022","format":false,"excerpt":"It\u2019s official: AP Moller-Maersk will embark on a major USD 500 mn expansion of East Port Said port that is expected to raise its capacity by 40%. The Suez Canal Container Terminal (SCCT) \u2014 majority-owned by Maersk\u2019s APM Terminals \u2014 yesterday signed a contract with the Suez Canal Economic Zone\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/258.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562489,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/26\/saudis-rsgt-has-over-usd-1-5-bn-to-invest-in-ports-and-egypt-is-on-the-short-list\/","url_meta":{"origin":623943,"position":4},"title":"Saudi\u2019s RSGT has over USD 1.5 bn to invest in ports, and Egypt is on the short list","author":"enterpriseam admin","date":"26 May 2021","format":false,"excerpt":"Could Egypt be in line for a slice of investments from a Saudi port operator? Red Sea Gateway Terminal (RSGT) \u2014 in which Saudi Arabia\u2019s Public Investment Fund and Cosco Shipping Ports together hold a 40% stake \u2014 is planning to invest in three or more ports in Africa and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556146,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/ain-sokhna-is-getting-fresh-dp-world-cdc-investments\/","url_meta":{"origin":623943,"position":5},"title":"Ain Sokhna is getting fresh DP World + CDC investments","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"Ain Sokhna Port is getting additional investment from Emirati port giant DP World and CDC Group, the UK government\u2019s development finance arm. The two institutions are setting up a joint USD 1.7 bn African investment platform, a portion of which will go towards Ain Sokhna, DP World said in a\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/143.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=623943"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623943\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/623944"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623943"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623943"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}