Hutchison Ports Group expands footprint in Egypt

Hutchison Ports has announced its investment in Ain Sokhna Port, Egypt’s major port, and B100, a new container terminal in the Port of Alexandria.

The total investment of the two projects is approximately US$700 million, bringing a total investment in Egypt to over US$1.5 billion and paving a solid foundation for the group’s strategy to expand its network and enhance its capabilities in emerging markets.