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Wednesday, 6 May 2020

Your top infrastructure news of the week:

Your top infrastructure news of the week:

  • Logistics: Maersk and MSC plan to reroute an unspecified number of their container ships from the Suez Canal to the Cape of Good Hope bypassing Suez Canal’s passage fees.
  • Ports: The Suez Canal Authority has reduced fees for container ships crossing the Suez Canal until 30 June
  • Rural infrastructure: Egypt will obtain a USD 400 mn World Bank loan for universal healthcare which will include completing several infrastructure projects in the cities where the scheme will be implemented.
  • Energy: SDX Energy is expected to produce 10-12 mcf/d of natural gas from its Sobhi well.
  • Transit: The Transport Ministry is considering using Bus Rapid Transit (BRT) systems to help reduce Ring Road traffic.

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