Suez Canal Authority in Egypt has signed a bilateral agreement with A.P. Moller - Maersk (Maersk) for the development of the Suez Canal Container Terminal (SCCT) at a site in Suez East Port. The terminal will help transform Suez East Port into a global hub for container handling in the eastern and southern Mediterranean region.
Under the concession, Maersk will develop a 1 km long container quay adjacent to the existing 500 m quay. The company will also increase the number of operating cranes to 30 which will be powered with electricity instead of diesel. Maersk is also considering a plan to develop SCCT into a smart terminal featuring the latest systems and advanced technology for container handling.
Country updates
-
-
August 12, 2022
Egypt launches RFQ for 20 seawater desalination plants PPP project
Suez Canal Authority, Holding Company for Water and Waste Water (HCWW) and New Urban Communities Authority in Egypt have issued a request for qualification (RFQ) seeking a private partner for the deve...
Read more -
August 05, 2022
RCREEE seeks consultant for decarbonization study in Arab region
The Regional Centre for Renewable Energy and Energy Efficiency (RCREEE) in Egypt is seeking a consultant to conduct a study on the decarbonization of the transport sector in the Arab Region and t...
Read more -
July 14, 2022
Operation begins for the first phase of USD1.24 billion Light rail line PPP project in Egypt
The Ministry for Transport in Egypt has announced that the operation of the first phase of the 10th of Ramadan Light Rail Transit (LRT) line has started in Cairo and its neighboring cities.
Read more -
June 08, 2022
Egypt signs concession for Mokattam Corniche housing PPP project in Cairo
The Egyptian government-owned Elnasr Housing and Development Company has signed the concession contract with Scope International for a housing project in Cairo, Egypt. The Mokattam Corniche hous...
Read more -
June 06, 2022
Siemens Mobility completed contract for high speed rail network PPP project in Egypt
A consortium led by Siemens Mobility, which comprises Orascom Construction and The Arab Contractors, has signed a EUR5.4 billion (US$5.81 billion) contract with the Egyptian National Authori...
Read more
