Hutchison Ports has announced it will invest a combined US$700m in two new Egyptian container terminal projects in Ain Sokhna Port and in the Port of Alexandria.
The investment includes the development of a new container terminal in Ain Sokhna Port with a capacity of 1.7m teu, which will offer new technology and equipment to cater to customers.
In addition, the operator will invest in the development of B100, a new container terminal in Port of Alexandria, which it hopes will serve as a gateway to the Egyptian market.
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