Egypt to Build U.S.$660m Liquid, Gas Bulk Terminal At Dekheila Port

Egypt’s General Authority for Alexandria Port and the Alexandria Supply Chain Company (ASCC) signed an initial $660 million concession agreement on Thursday to develop a liquid and gas bulk terminal at Dekheila Port. The project is fully financed by Egyptian capital through a strategic partnership between petrochemical companies under the Ministry of Petroleum and Mineral Resources–ECHEM, Sidpec, Ethydco, and Gasco–the Holding Company for Maritime and Land Transport under the Ministry of Transport, and a private sector entity.

By Egypt Online.