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Government Retrieves EGP 1.8bn from Maersk International

Source: www.export-egypt.com  7/20/2012, Location: Africa

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A team of the Transport Ministry negotiators managed to retrieve up to EGP 1.8 from Maersk International which has the concession of containers station at east Port Said harbor, Minister of Transport Galal Mostafa informed Prime Minister Dr. Kamal el-Ganzouri of the agreement reached in this respect. The Minister said the agreement included introducing some amendments to the concessions agreement for increasing the financial rights of the government.

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