Independent journal on economy and transport policy
04:04 GMT+2
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the Harbour Authority of Damietta has entrusted to Chinese CHEC the construction of according to container a terminal
It will have a line of dock of 2.225 meters
October 14, 2016
The Harbour Authority of Damietta has signed an agreement with China Harbour Engineering Co. (CHEC) for the construction of according to container a terminal in the port Egyptian. The project previews to realize over two years a terminal with a line of dock of 2.225 meters with depth of the -17 backdrop meters and an area of storage of 700 thousand square metres. Meantime the Harbour Authority will start an international contest in order to select the operator who will manage the new terminal.
The harbour authority Egyptian has announced that the project will be financed for 85% from Chinese banks, while the entire property of the new container terminal will be stopped by the Harbour Authority.
In the first semester of the 2016 port Egyptian it has enlivened beyond 16,5 million tons of goods, with an increment of +22.1% regarding 13,5 million tons in the first six months last year. The single containerized trade has been pairs almost 5,8 million tons (+24.8%) and is totaled with a handling of the container pairs to 444.098 teu (+22.2%). The goods conventional is piled to 3,4 million tons (+18.1%). The traffics of the bulk sand banks and the liquid bulk have grown respective of +18.8% and +10.6% to 6,3 million tons and 638 thousand tons.
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