APM Terminals obtains $175m from IFC for Port Said terminal extension

APM Terminals obtains $175m from IFC for Port Said terminal extension

This project, estimated at $489 million, is being carried out with the Chinese company Cosco and other partners. 

Someone shares this article with you
            ▪ APM Terminals obtains $175m from IFC for Port Said terminal extension

▪ This project, estimated at $489 million, is being carried out with the Chinese company Cosco and other partners. 

https://www.africabusinessplus.com/en/817036/apm-terminals-obtains-175m-from-ifc-for-port-said-terminal-extension/

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

08/09/2023 at 19h35, by Africa Business+, updated 09/09/2023

Angola : APM Terminals (Maersk) discreetly and inexplicably withdraws from Luanda and Namibe ports

Maersk withdrew from its two Angolan ports at the end of 2022, and the buyer’s identity remains unknown....

Maritime transport

18/08/2023 at 16h18, by Africa Business+

Egypt: EBRD joins IFC and Proparco to finance the second terminal at the port of Damietta

Of the $665 million sought to support the expansion of this leading Egyptian port, the promoters could...

Maritime transport

04/02/2021 at 19h07, by Africa Business+

With no prospect in Port Said CMA CGM succeeds in Alexandria

CMA CGM is finalizing a partnership with the Egyptian authorities to operate Pier 55, the multipurpose...

Logistics

16/04/2020 at 16h23, by Africa Business+

APM Terminals invests in Port Said to counter Cosco

Given the expansion of Greece’s Piraeus Port, owned by the Chinese group – also a shareholder in Egypt’s...

Any questions ? contact us

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

Email us : customer.care@africabusinessplus.com

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.