Current Nawat at Egyptian ports
  • Red Sea Next Al-Tharaya (Al-Bateen) Start 25 May - Duration 13 day ، Summer

SCER debates mechanism of implementing a car berth at East Port Said port

  Dr. Ahmed Darwish, head of Suez Canal economic region general authority held his first debating session concerning last stage of negotiations with French Japanese league for the establishment of biggest modern berth at East Port Said for handling international Toyota and NYK cars.

 Darwish in a statement said that such sessions will last for three days, ending today, both sides discussed mechanism of implementing and establishing the berth which will participate in attracting international investments, adding that two letters of  intention have been signed between the authority and the international league  leaded by Toyota Tsho Tsho, noting that the letter has represented commencement of lega,l commercial and financial negotiations to set the frame of the convention concerned with operation  and development : it is the berth dedicated to car handling and maintenance in East Port Said so called RoRo terminal

 Darwish has pointed out that signature of intention letter from both sides was an introduction for debates, followed by a concession for berth management

 He also added that the establishment of the berth was the first of kind in Middle East; where it will put Egypt on international map for car handling at ports. Hence reflecting positively on financial resources which the SCER authority aims to achieve; participating in national economy. He stressed that the French Japanese league will implement the project within the coming months which will have its benefit on all parties and will be a start for international investments at east Port Said region.  

The meeting was attended by representatives from the authority: Mr. Ahmed Labib, executive manager for financial affairs and Captain Ali Assem, port’s manager and the authority’s legal consultant Hazem Rozkana.   

 

 


Information Services

The Egyptian Pound Against Foreign Currencies

59.406

47.771

46.802

25.413

23.105

20.089

18

13.378

4.944

4.901

4.8

2.627

2.067

0.162