The construction of a new terminal in East Port-Said Port, the northern entrance to Egypt’s Suez Canal, commenced on 22 August, according to Chinese media Xinhua.
The General Authority for the SCZone and the Sky Investment and Reliance Logistics Consortium signed the contracts for developing the port in November 2022. The two agreements cover the designing, construction, management, operation, and maintenance of a multipurpose terminal (Terminal 2) in East Port-Said Port.
The new 900-metre-long terminal is expected to provide job opportunities and lure US$65 million in cumulative investments, noted SCZONE in a statement.
Earlier in August, SCZONE announced the success of the first green bunkering operation with “methanol” in East Port Said port for a container vessel.
