COSCO Shipping Ports invests in Egypt’s box terminal

COSCO Shipping Ports invests in Egypt's box terminal
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On March 15, Zhao Fengnian, chief accountant of the company representing CSPL, attended the signing ceremony in Cairo, Egypt and signed the project agreement with the other partner companies.

This project is a new terminal built by the Egyptian government, built and operated by a terminal company formed by industry leaders such as CSPL. The service life of the project is 30 years, the total investment is about $375 million, and the container capacity of the terminal after the project is completed will reach 1.7 million TEU.

Source: www.maritimegateway.com

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