On 15 March, Zhao Fengnian, chief accountant of the company representing CSPL, attended the signing ceremony in Cairo, Egypt, and signed the project agreement with the other partnering companies.
This project is a new terminal built by the Egyptian government and will be a project constructed and operated by a terminal company formed by industry leaders including CSPL. The operating period for the project is 30 years, the total investment is approximately US$375 million, and the terminal’s container capacity after the completion of the project will reach 1.7 million TEUs.
