A new terminal for Port Said
In late December 2019, a consortium composed of the French operator Bolloré Ports, the Japanese NYK and Toyota Tsusho Corporation, the trading arm of the Toyota Group, signed a concession agreement with the general authority for the Suez Canal economic zone with a view to building, equipping and managing a ro-ro terminal at Port Said in Egypt.
The consortium is committed to investing USD 150 million over the period to acquire the equipment and develop the infrastructure. The terminal is particularly dedicated to the import, export and reshipment of cars to markets and ports in neighbouring countries.
It will be equipped with a 600 m dock and a 210,000 storage park for receiving and delivering cars. Once the works are completed in 2021, the consortium will be able to handle nearly 800,000 cars per year. (mw)