Egyptian PM wants Damietta container terminal construction to resume

2012 03 06


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
 

The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


Address:

International business magazine JŪRA MOPE SEA
Minijos str. 93, LT-93234 Klaipeda, Lithuania
Phone/Fax: +370 46 365753
E-mail: [email protected]
www.jura.lt

 


Publisher:

Ltd. Juru informacijos centras


The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt