Hutchison Ports to invest $700 mln in two Egyptian ports
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March 16 (Reuters) - CK Hutchison Holdings Ltd's port unit said on Thursday it would invest about $700 million in two major Egyptian ports, bringing its total investment in the country to more than $1.5 billion.
Hutchison Ports said it would invest in the development of a new container terminal in the Red Sea port of Ain Sokhna, and in B100, a new container terminal in the Mediterranean port of Alexandria. (Reporting by Nilutpal Timsina in Bengaluru; Editing by Subhranshu Sahu)
