Abu Dhabi Ports Invests USD 200 Million in New Red Sea Port Terminal
AD Ports plans to make the terminal operational by 2025.
Jan 05,2024
Abu Dhabi (AD) Ports will be investing USD 200 million over the next three years to develop a cutting-edge facility at Safaga Port in Egypt. This initiative marks the first internationally operated port serving the Upper Egypt region.
Spanning 810,000 square metres, the terminal will boast a 1,000-metre quay wall and handle a diverse range of cargo, including dry bulk, liquid bulk, containerised goods and ro-ro vessels.
AD Ports plans to make the terminal operational by 2025, providing faster trade routes and diverse logistics solutions for strategic trading partners.
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