Port News & Information Mediterranean, Black & Caspian Seas

Financing approved for new Damietta port infrastructure

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Damietta, Egypt (PortSEurope) September 21, 2020 – A contract was signed last Thursday for the financing of the construction of a new multipurpose terminal in the port of Alexandria on Egypt’s Mediterranean coast. The project requires an investment of EGP 7 billion (€374 million) to build port infrastructure with a capacity of about 12 million…

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