Hutchison Ports and Egyptian Navy collaborate to build US$730m container terminal

Hutchison Ports has signed a long-term agreement with the Egyptian Navy for the development and operation of a new US$730m container terminal in Abu Qir, Egypt.

The new terminal will be located inside the Abu Qir Naval Base and connected to a new two-way highway with three traffic lanes on each side and residential bypass.

This will link it to Alexandria within 20 km, as well as to the national roadwork to the capital city of Cairo and other major cities across the country.