Thursday 6 October 2011

DP World sticks with Egypt plans - The National

DP World plans to increase the capacity of Sokhna port in Egypt by nearly half this year, says the company's chief executive.

The expansion of Sokhna is a vote of confidence in the port after recent labour strikes.

"It will be the end of this year … We will go from 700,000 twenty-foot equivalent container units to 1 million TEU," said Mohammed Sharaf, the chief executive of DP World. "Sokhna has all the right components of a successful port."

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