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Sunday, 13 August 2017

USD 400 mn container terminal in Safaga port

The Red Sea Governorate plans to establish a USD 400 mn container terminal in Safaga port, governor Ahmed Abdullah said, according to Al Mal. The 500k sqm terminal, which the Red Sea Port Authority will help build, will be used to supply projects in the Golden Triangle area. It is unclear whether this is will be part of or related to the USD 250 mn multi-purpose station, the tender for which was meant to be reissued, the Red Sea Port Authority had said in May.

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