Nine global alliances aim to invest in dry port projects this year: Ministry of Finance official

Daily News Egypt
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Ater Hanoura, head of Public Private Partnerships Central Unit (PPP) (DNE Photo)

Ater Hanoura, head of the local unit for partnership with the private sector at the Ministry of Finance, said that there are nine global financial alliances that aim to enter into new partnerships and investments in dry port projects, which the government is looking to present to investors in 2020.

Hanoura added on the sidelines of the Egyptian Businessmen’s Association’s conference in the presence of the CEO of Egypt’s Sovereign Fund, that work was launched to inaugurate the first dry port in Egypt in 6th October city three weeks ago, in light of the Ministry of Transport announcing its plan to expand various dry port projects, which encourage international companies to invest in Egypt in this field.

He further added that there is a plan to offer investment and partnership opportunities to launch three other dry ports to investors before the end of this year, including the inauguration of a port in 10th of Ramadan City in May, then two other ports in Sadat and Borg El Arab cities before end of the year.

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