Home NEWS AD Ports initials contract to build, develop, operate, maintain terminals at Egyptian Red Sea ports

AD Ports initials contract to build, develop, operate, maintain terminals at Egyptian Red Sea ports

by Nagoor Vali

Abu Dhabi [UAE], January 5 (ANI/WAM) : Egypt has initiated a contract with AD Ports Group (AD Ports) to construct, develop, function and keep terminals for passengers and cruise traces on the Purple Sea ports of Hurghada, Safaga and Sharm El Sheikh.

The contract will even commit AD Ports Group to develop yacht and cruise ship tourism in Egypt, the Egyptian Ministry of Transport stated in a press release.

“This contract will contribute to working cruise traces between Zayed Port and Safaga, Hurghada and Sharm El-Sheikh and, later, Arabian Gulf ports, Aqaba and Europe and Asia,” a press release by the Egyptian Ministry of Transport stated.

AD Ports on December twenty seventh introduced that it has signed a definitive concession settlement with the Egyptian Purple Sea Ports Authority (RSPA) for the event and operation of a multi-purpose terminal at Safaga Seaport.

Following the Authorities of Egypt’s approval, this vital milestone reaffirms the robust commerce ties between the UAE and the Arab Republic of Egypt. (ANI/WAM)

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