On December 19, 2019, the consortium composed of Bolloré Ports, Toyota Tsusho Corporation and Yusen Kabushiki Kaisha signed a concession agreement with the General Authority for the Suez Canal Economic Zone with a view to building, equipping and managing a ro-ro terminal at Port Said in Egypt.
The consortium is committed to investing USD 150 million over the period to acquire the equipment and develop the infrastructure. It intends to create 400 direct jobs and 1,000 indirect jobs.
The agreement worth about Euro 300,000 will last for 12 months and is part of a Smart and Evolved Digital Port project, of which the Freight component will be dedicated…
View ArticleAccording to the letter: “A strike at this point in time would have a devastating impact on the economy, especially as inflation is on the downward trend…At this critical juncture,…
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