AD Ports-alliance to launch tender for building EGP 1B silos in Egypt

Updated 6/19/2023 8:00:00 AM
AD Ports-alliance to launch tender for building EGP 1B silos in Egypt

Arab Finance: A consortium of Abu Dhabi Ports (AD Ports) and Transcargo International (TCI) are preparing to launch a limited tender to assign the construction of nine silos with investments worth EGP 1 billion, Al Mal News reported on June 18th, citing unnamed sources familiar with the matter.

The silos will be used for storing cement and dry bulk goods, including three to be built in West Port Said Port.

The project is expected to be operational by the end of the first quarter (Q1) of 2024.

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