Egypt to offer stake in 6th of October dry port to investors in January

Getty Images

The Ministry of Transport signed three memoranda of understanding (MoUs) in the field of establishing, managing, and operating dry ports and logistics zones

Staff Writer, Arab Finance

November 23, 2023

PHOTO

Egypt is set to offer stake in the 6th of October dry port to investors by next January, Director Finance Ministry’s PPP Central Unit Atter Hannoura told Asharq Business on the sidelines of the Gulf-Egyptian Business Forum.

He added that some stakes in a number of dry ports in Sadat, Suez, and Borg El Arab will be offered to investors in the near future.

Moreover, he noted that the implementation of the dry port at the 10th of October is expected to be completed by the end of 2026.

Earlier this month, the Ministry of Transport signed three memoranda of understanding (MoUs) in the field of establishing, managing, and operating dry ports and logistics zones.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO