AD Ports secures concession for multi-purpose terminal at Egypt’s Safaga Port
The agreement will see AD Ports pour USD 200 mn into developments at the port
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The agreement will see AD Ports pour USD 200 mn into developments at the port
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The developments include a warehouse, a cargo support terminal, and a grain storage silo
This is the second time GCS has taken the contract
The second terminal’s expansion is poised to triple Damietta Port’s capacity to 4.7 mn TEUs
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The expansion covers some 18 hectares with seven additional container stacks and a 400 meter berth
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