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AD Ports Group signs a 30-year Concession Agreement to Develop and Operate Safaga Port in Egypt

AD Ports Group signs a 30-year Concession Agreement to Develop and Operate Safaga Port in Egypt
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AD Ports Group to invest $200m in Egypt s Safaga Port

RIYADH: Abu Dhabi’s AD Ports Group signed a 30-year concession agreement worth $200 million to develop and operate Egypt’s Safaga Port, according to a statement issued by the UAE-based company. “AD Ports Group will invest a total of up to $200 million in superstructure and equipment, buildings, and other real estate facilities and utilities’ network inside the concession area.

AD Ports Group inks 30-year deal to develop, operate port in Egypt

AD Ports Group will invest a total of up to $200m in superstructure and equipment, buildings, and other real estate facilities and utilities’ network inside the concession area

Egypt Signs 30-year Concession Agreement with AD Ports to Operate Safaga Port

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

AD Ports in 30-year agreement to build Egyptian port

AD Ports Group has signed a concession agreement with Egyptian government to develop and operate a multi-purpose port in Safaga region in addition to sealing of two 15-year agreements for ports located in the Red Sea and the Mediterranean Sea.

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