Egyptian PM wants Damietta container terminal construction to resume

2012 03 06

Details

EGYPTIAN Prime Minister Kamal el-Ganzouri has ordered the formation of a commission chaired by Osama Saleh, president of the General Authority for Investment (GAFI) to look into the conditions of the Kuwaiti company contracted to build the Damietta container terminal.

Planning and International Cooperation Minister Fayza Abul-Naga said the project aims to establish an international container terminal designed to have an annual capacity of four million TEU.

Ms Abul-Naga said Egypt lost investments worth nearly US$10 billion since last year's revolution because of market turmoil, according to an Egypt State Information Service communique..

Source Shipping Gazette - Daily Shipping News
Sturvalas
Betty (OSCC)
Graikija
TL NIka 1
 

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