Egypt will construct container terminals in Sokhna and Dekheyle

Hutchison Ports, CMA CGM and Cosco Shipping Ports Ltd and Mediterranean Shipping Co. S. A signed agreements. Investments in development ports will make $700 million Hutchison Ports, CMA CGM and China Ocean Shipping Co. started construction the new terminal in Sokhn's port on Governorate of Red Sea, and Mediterranean Shipping Co. S. A will cooperate with Hutchison in construction the terminal in Dekheyle near Governorate of Alexandria on the Mediterranean Sea. Capacity in Sokhn's port after completion of constructions will reach 1,7 million TEU. Sokhn's port — one of the largest ports Egypt, located to the South from an entrance in...