"HPH applauds the Egyptian government's commitment to develop the Port of Alexandria into a world-class port facility to support the expanding industrial base in the region," said HPH managing director John Meredith. "AICT will strengthen Egypt's position as a centre of trade in the Mediterranean Sea and serve as a gateway to international trade for the Port of Alexandria."
The two terminals have been converted from general cargo facilities into container terminals with a depth alongside of 12 metres and quay lengths of 380 metres and 510 metres in Alexandra and El Dekheila ports respectively, an HPH statement said.
The terminal located at the Alexandria commenced operations in March this year. Shortly afterwards in June, the El Dekheila facility also became operational.
AICT is a member of the Hutchison Port Holdings (HPH) Group, a subsidiary of the multinational conglomerate Hutchison Whampoa Limited (HWL). HPH has operating rights in 45 ports worldwide and owns a number of transportation-related service companies.