March 28, 2012

Signing of Al Arish and Ain Sokhna Development Contracts for EGP 212 million

Vice admiral Mohab Mamish, Commander in Chief of the Egyptian Navy and Member of the Supreme Council of the Armed Forces and Eng. Mahlab signed the contracts of the development of Arish Port and the construction of a quay for Ain Sokhna Port. Alexandria Branch was awarded these contracts with total value EGP 212 million. It's noteworthy that the development of Arish port value is EGP 172.8 million; its execution period is 24 months and it consists of main barrier 750ml along the extension of the old barrier axes with a total value EGP 85 million. Besides, the construction of s.p. quay 250ml with a total value EGP 88 million. The quay of Ain Sokhna Port total length is 202.21 m and cost EGP 40.3million.