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Contship And Eurogate Sign Up For Damietta Port Logistics Project

Contship and Eurogate sign up for Damietta port logistics project

Damietta, Egypt (PortSEurope) September 16, 2019 – European terminal operators Contship and Eurogate have signed a memorandum of understanding (MoU) with Damietta Port Authority to establish a local logistics system, involving the construction of a container terminal, a railway line, a dry port and a distribution area of ​​the goods. The investment foreseen by the first phase of the project amounts to €750 million ($830.9 million). The local Ministry of Transport hopes that the new…

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