DP to expand Ain Sokhna Port

Daily News Egypt Authors
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DP World will invest a total of LE 500 million to increase capacity of Ain Sokhna port. The company will take a LE 250 million loan from Commercial International Bank, while the balance will be financed by the company.

The investment will increase the port’s capacity by 450,000 TEU containers to reach 1.1 million containers per annum.

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