Egypt Zones accountACCOUNT

Sisi Witnesses Inking of Mou to Build Container Handling Terminal at Abu Qir Port

Source: www.export-egypt.com 8/7/2019, Location: Africa

Share |
President Abdel Fattah El Sisi met ] with Commander of the Naval Forces Ahmed Khaled and Group Managing Director of Hutchison Ports Holdings Ltd. Eric Ip as well as the group CEO.

The meeting witnessed the singing of a memorandum of understanding (MoU) between the Egyptian Naval Forces and Hutchison Ports to establish a container handling terminal in Abu Qir Port, Presidential Spokesman Bassam Rady said.

During the meeting, Sisi asserted the need to complete this vital project on time and in accordance with the highest international standards followed in this regard, Rady added.

The president hailed the group's strong professional reputation.

For his part, the group's CEO highlighted the multiple investment opportunities at the Egyptian port, noting that the company will provide training programs to more than 1,500 Egyptian engineers and workers, enabling them to handle any tasks or jobs necessary for the terminal operating.

By the completion of all the project phases, the terminal is expected to handle 1 million containers on an annual basis, he added.

Hutchison Ports is one of the leading container terminal operators in the world.

Financials and Investment News in Egypt >>

Egypt >>  11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
Egypt >>  11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...

Egypt >>  11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...

Egypt >>  11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.

The Cabinet is set to add...





Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.