Port News & Information Mediterranean, Black & Caspian Seas

Germany’s BAG to invest €70 million in Port Said

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Port Said, Egypt (Ports Europe) August 14, 2018 – German company Business Avenue Group GmbH (BAG) has signed an agreement with East Port Said Development Company to invest a total of €70 million ($79.8 million) in the area of Port Said. The investments will be made through two subsidiaries of the German group, namely BAG East Port Said and…

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