Independent journal on economy and transport policy
17:06 GMT+2
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Hutchison Port Holdings acquires ulterior a 30% of the capital of Alexandria International Container Terminals
the quota is yielded by MENA Infrastructure Fund
March 7, 2016
The terminalista group Hutchison Port Holdings (HPH) of Hong Kong has acquired the participation of the MENA Infrastructure Fund bottom in the terminalista society Egyptian Alexandria International Container Terminals (AICT) that work the container terminal of the ports of Alexandria and El Dekheila. With the acquisition of 30.33% of the imprisoned capital of AICT previously by MENA Infrastructure Fund, bottom that is managed by MENA Infrastructure of Dubay of the bank group HSBC, the quota group HPH in the society Egyptian salt to 80% about of the capital.
AICT is constituted in 2015 by HPH and a guided consortium by the Harbour Authority of Alexandria ( on 14 March 2005). MENA Infrastructure Fund in April 2008 had acquired own quota in AICT.
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