Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100
Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt's major port, and B100, a new container terminal in the Port of Alexandria.
- Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt's major port, and B100, a new container terminal in the Port of Alexandria.
- The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company's strategy to expand its network and enhance its capabilities in emerging markets.
- In addition, Hutchison Ports will invest in the development of B100, a new container terminal in Port of Alexandria, which will serve as a gateway to the Egyptian market.
- For more information about Hutchison Ports, please visit hutchisonports.com.