Port News & Information Mediterranean, Black & Caspian Seas

AIIB loans $100 million to Damietta Alliance Container Terminal

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Damietta, Egypt (Ports Europe) December 20, 2023 – The Asian Infrastructure Investment Bank (AIIB) has approved a $100 million loan to Damietta Alliance Container Terminal, concessionaire of the port of Damietta. The funding will be used for construction works of the second container terminal of this port complex. The loan constitutes a tranche of a financial package…

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