AD Ports signs Egypt expansion deals

AD Ports Group - Egypt signings photo

Source: AD Ports Group

AD Ports has inked a raft of deals in a major expansion of the group’s activities in Egypt

The group has signed a 30 year agreement to develop and operate a multi-purpose port in Safaga as well as two 15 year deals at Al Arish Port and West Port Said.

A memorandum of understanding will see the group develop a multi-purpose terminal plus logistics and economic zones at East Port Said whilst three heads of term will see the group focus on Ain Sokhna, Hurghada and Sharm El Sheikh.

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