Privatisation of the Egyptian ports has the majors interested
With several port projects announced or underway with the likes of CMA CGM, CK Hutchison, AD Ports and Germany’s Hapag-Lloyd and Eurogate, Egypt is accelerating the consolidation by privatising the seven main terminals historically held by the Army.
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▪ Privatisation of the Egyptian ports has the majors interested
▪ With several port projects announced or underway with the likes of CMA CGM, CK Hutchison, AD Ports and Germany’s Hapag-Lloyd and Eurogate, Egypt is accelerating the consolidation by privatising the seven main terminals historically held by the Army.
▪ https://www.africabusinessplus.com/en/812141/privatisation-of-the-egyptian-ports-has-the-majors-interested/
The move was initiated at the beginning of the month by Egyptian President Abdel Fattah al-Sissi, who intends to bring into the state coffers €10 billion per year over four years by opening the capital of ten public companies.
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