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Three companies sign contract at Alexandria Port terminal

Published by , Editorial Assistant
Dry Bulk,

Egypt’s transportation ministry has witnessed the signing of a contract for the building of a multipurpose terminal at Alexandria Port with a total cost of EGP 5 billion ($311.79 million).

Transport minister, Kamel Elwazir, has stated that the contract was signed between the Egyptian Group for Multipurpose Terminals, Gharably Integrated Engineering Company (GIECO), and EDECS Eldawlia for Engineering and Contracting Services.

The aim of the project is to upgrade the ranking of Alexandra Port and its capacities and it is expected to be completed in 24 months.

Stretching for 2450 m, the new terminal will have the capacity to receive 7 ships simultaneously and handle between 12 - 15 million t of goods annually.

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