Port News & Information Mediterranean, Black & Caspian Seas

AD Ports to develop Egypt’s Red Sea port of Safaga

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Cairo, Egypt (Ports Europe) December 29, 2023 – Abu Dhabi’s AD Ports has a signed a 30-year concession with the Red Sea Ports Authority (RSPA) to invest in and operate the Safaga 2 multi-purpose terminal at Upper Egypt’s Safaga Sea Port. Over three years, AD Ports will invest $200 million. The new terminal will cover…

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