SCCT looks to increase investments in Eastern Port Said - Daily News Egypt - News Summed Up

SCCT looks to increase investments in Eastern Port Said - Daily News Egypt


Minister of Investment and International Cooperation Sahar Nasr held a meeting with the terminal manager of Suez Canal Container Terminal (SCCT) company, Jan Buijze, to discuss expansions of the company in the port of Eastern Port Said, according to a press statement issued on Monday. Buijze said that the company is looking at the investment opportunities in Eastern Port Said, explaining that the SCCT will always be looking for new opportunities in Egypt. He added that the SCCT is working in a framework of continuous upgrading in order to fit in the market and increase its competitiveness. Buijze believes the investment atmosphere is currently suitable, which made the company increase its investments in Eastern Port Said to reach $850m. The head of Public and Government Relations, Hany El Nady, stated that the company is working side by side with the government to build a hub at the port of the Eastern Port Said for handling containers.


Source: Daily News Egypt May 01, 2017 12:56 UTC



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