Independent journal on economy and transport policy
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Saudi SISCO will realize a new multipurpose terminal in the area oriental of the port Egyptian of Port Saïd
Signed a contract with Toyota for a new terminal car. Potenziamento of the port of Damietta
December 10, 2018
The Saudi group Saudi Industrial Services Company (SISCO) has signed a contract of the type Build Operated Transfer (BOT) with Suez Canal Economic Zones (SCZone) for the realization of a new multipurpose terminal in the area oriental of the port Egyptian of Port Saïd. The agreement, based on which pairs to 1,5 billion pounds are previewed investments Egyptians (73 million euros), comprise the planning, the construction and the management of the new harbour landing place.
The new multifunctional terminal will rise on an area of 380 thousand square metres and will begin to operate to half of 2019 when the construction of a first dock of 900 linear meters is completed.
SISCO work in the harbour field through the branch Red Sea Gateway Terminal (RSGT) that it manages the homonymous container terminal in the Saudi port of Jeddah and through the investment trust in the harbour field Red Sea Port Development Co. (RSPD).
Moreover the SCZone has signed an agreement with Toyota for the takeover to Port Saïd of a terminal for the handling of motors vehicle that will cover an area of 225 thousand square metres.
While the section Marine Transport Sector (MTS) of the Ministry of Transportation Egyptian has announced the next contract signature for the potenziamento of the activity in the field of the container of the port of Damietta let alone for the dredging of the backdrops of the port of call to the aim to allow the arrival of portacontainer of greater ability. In fiscal year 2016-17, finished 30th june, the port of Damietta has enlivened a containerized trade pairs to 1,2 million teu (1,13 million teu in solar year 2017), while for the fiscal year in course it is attended a total pairs to 1,3 million teu.
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The Saudi group Saudi Industrial Services Company (SISCO) has signed a contract of the type Build Operated Transfer (BOT) with Suez Canal Economic Zones (SCZone) for the realization of a new multipurpose terminal in the area oriental of the port Egyptian of Port Saïd. The agreement, based on which pairs to 1,5 billion pounds are previewed investments Egyptians (73 million euros), comprise the planning, the construction and the management of the new harbour landing place.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
