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Today Az - Abu Dhabi s AD Ports Group to invest $200 mln in Egypt s Safaga Port

Today Az - Abu Dhabi s AD Ports Group to invest $200 mln in Egypt s Safaga Port
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AD Ports Group to invest $200m in Egypt s Safaga Port

RIYADH: Abu Dhabi’s AD Ports Group signed a 30-year concession agreement worth $200 million to develop and operate Egypt’s Safaga Port, according to a statement issued by the UAE-based company. “AD Ports Group will invest a total of up to $200 million in superstructure and equipment, buildings, and other real estate facilities and utilities’ network inside the concession area.

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