Chinese marine transport companies investigate opportunities in Red Sea ports

Noozz
1 Min Read

Cairo: A Chinese delegation from maritime transport companies was visiting Cairo last week to explore investment opportunities in the Egyptian marine transport sector, with specific target to operate passenger ferries between Red Sea ports in Egypt and Saudi Arabia.

The Egyptian Minister of Transport Mohammad Mansour said international marine transport companies can find great opportunities for investment in Egypt. “The Chinese companies have examined ideas to build container terminals in the Egyptian ports and to start logistics operations in the marine transport industry, he added.

The Chinese delegates have toured around several Egyptian Red Sea ports, such as Hurghada, Safaga, Suez and Al Sokhna ports, to explore business opportunities.

Chairman of the Red Sea Ports Authority Hisham Sersawi said the Ministry of Transport was doing the best to launch new passenger ferries that meet the international marine transport safety criteria.

TAGGED:
Share This Article
Leave a comment