Privatisation of the Egyptian ports has the majors interested

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.

Someone shares this article with you
            ▪ 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.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Maritime transport

04/05/2022 at 17h12, by Africa Business+

Port of Lomé: Bolloré now counts on arbitration closure in 2023

The French conglomerate was expecting to obtain a decision from the arbitration body on the €500 million...

Logistics

03/05/2022 at 15h08, by Gaëlle Arenson, updated 04/05/2022

Spain’s Sea&Ports acquires stake in NAL Morocco to strengthen Africa presence

With a turnover of €105 million and a hundred offices, agents and commercial partners in 55 countries,...

Maritime transport

20/09/2021 at 15h55, by Africa Business+, updated 21/09/2021

The backstory of Bolloré Ports-Bureau Veritas deal

As revealed by Jeune Afrique Business+ at the beginning of June 2021, the Breton group has begun a process...

News

04/06/2021 at 17h51, by Africa Business+, updated 07/09/2021

Bolloré Ports launches new “Green Terminal” label with help of Bureau Veritas

The inspection and certification expert, present in 140 countries, including 30 in Africa, has certified...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : [email protected]

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.