DP World Sokhna’s US$520m expansion nearing completion

DP World Sokhna is on course to double its capacity to 1.75m teu by the second quarter of 2020 by opening Basin 2, making it the only Egyptian port capable of handling the largest container ships in the world.

Built at a cost of US$520m and complementing two operational basins, the expansion into Basin 2 includes a 1,300 m quay with 400 m in use in Phase 1, and a 350,000 sq m container yard.

Suhail Al Banna, CEO and managing director of DP World Middle East and Africa, said: “We are confident that our expansion into Basin 2 will significantly facilitate greater volume capacity at the port, which in turn, supports our commitment to bolstering Egypt’s economic growth by attracting greater investment and strengthening the foundations for a lucrative trade eco-system.”