A new container terminal in Egypt
Memorandum of understanding signed with the Government by Hutchinson Ports for Abu Qir port development
Hutchinson Ports has agreed a memorandum of understanding with the Government of Egypt - witnessed by Egyptian president Abdel-Fattah al-Sisi - on the building of a new container terminal in the port of Abu Qir, designed be able to handle 1 million containers annually.
The Egyptian president met with Eric Ip, managing director of Hutchison Ports Group, and Clemence Cheng, executive director of Hutchison, in Egypt’s capital Cairo.
Hutchison Ports has committed to train 1,500 Egyptian engineers and workers for various jobs on construction of the terminal. The Chinese Group currently operate two ports in Egypt: Alexandria and El Dekheila, both located on the Mediterranean.