{"id":1763,"date":"2022-10-27T13:35:00","date_gmt":"2022-10-27T12:35:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2022\/10\/27\/hutchison-adds-two-concessions-in-egypt\/"},"modified":"2022-10-27T13:35:00","modified_gmt":"2022-10-27T12:35:00","slug":"hutchison-adds-two-concessions-in-egypt","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2022\/10\/27\/hutchison-adds-two-concessions-in-egypt\/","title":{"rendered":"Hutchison Adds Two Concessions in Egypt"},"content":{"rendered":"<p>In Sokhna CMA CGM and COSCO Shipping Ports are partners in the project and in El Dekheila Terminal Investment Limited, the terminal arm of MSC is involved.<\/p>\n<p>Abu El Dekheila is west of Alexandria. Ain Sokhna Port is south of the existing Sokhna Port on the Red Sea Coast.<\/p>\n<p>Total investment for the two projects, covering the early phases of development, is put at US$700 million.<\/p>\n<p>These concessions follow on from Hutchison signing, in 2020, a long-term agreement with the Egyptian Navy for the development and operation of a new container terminal at Abu Qir. The total investment for this new terminal is estimated to reach $730m.<\/p>\n<p>The terminal will be located inside the Abu Qir Naval Base where it has natural protection and will be connected to a new two-way highway, with three traffic lanes on each side, linking to Alexandria and the national road network. To be developed in phases, the terminal will, on full build-out, possess an annual throughput capacity of two million TEU.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hutchison Ports has signed two new concessions for container terminals with the Egyptian Government, one in Ain Sokhna Port and the other in El Dekheila Port.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,22],"tags":[87,86,88,84,85,89],"sponsor":[],"class_list":["post-1763","post","type-post","status-publish","format-standard","hentry","category-africa","category-concessions-investments","tag-ain-sokhna-port","tag-egypt","tag-el-dekheila-port","tag-hutchison-ports","tag-msc","tag-red-sea-coast"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/1763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=1763"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/1763\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=1763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=1763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=1763"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=1763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}