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Sunday, 29 March 2020

Transport Ministry receives three bids for Damietta port’s second container terminal

The Transport Ministry has received bids from three international consortiums to build the second container terminal at Damietta Port in a project worth USD 300 mn, Al Shorouk reports, citing sources close to the ministry which didn’t name the companies. The European Bank for Reconstruction and Development agreed in principle last year to lend the Damietta Port Authority EUR 400 mn to finance the construction of the terminal.

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