Hong Kong-listed COSCO Shipping Ports Ltd or CSPL, a subsidiary of Shanghai-based China COSCO Shipping Corp specializing in port operations, announced on Thursday that it has picked up a 25 percent stake in a new container terminal at Egypt's Ain Sokhna Port for about $375 million. A major port for Egypt, the Persian Gulf and Asia, Ain Sokhna Port is located at the south of the entrance to the Suez Canal, about 120 kilometers east of Cairo. It is close to the northwest end of the Suez Canal Economic Zone. (....)
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Schlagwörter: State-owned Assets Supervision and Administration Commission of the State Council - People’s Republic of China, Egypt Port Stake, Trade, Biz, BRI
Kategorie(n): Geschäftsmodelle & Strategien
