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Home International Customs Egypt

Egypt, Singapore sign deal to develop maritime ports

byCustoms Today Report
05/11/2015
in Egypt, Ports and Shipping
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CAIRO: The Maritime Sector of the Egyptian Ministry of Transportation signed a Memorandum of Understanding (MoU) with the Port of Singapore Authority (PSA) as Singapore will operate and develop the Egyptian maritime ports.
President Abdel Fatah al-Sisi met Tuesday the PSA CEO Tan Chong Meng to discuss the outcomes of Sisi’s visit to Singapore on Aug. 30 when both sides signed a MoU to establish three desalination plants in Egypt.
“President El Sisi lauded Singapore’s experience in economic and social development, underscoring his admiration for the level of progress that Singapore has achieved in the areas of the development, management and operation of seaports,” said Egyptian presidential spokesperson Alaa Youssef in a statement Tuesday.
The meeting was attended by Minister of Transportation Saad al-Geoushi and Seuz Canal Authority Chairperson Mohab Mamish; Geoushi said that the MoU aims to “transfer of expertise, knowledge and technology from Singapore’s ports to the various Egyptian ports like Alexandria and Damietta; and the training of Egyptian cadres in this,” Youssef added.

Tags: EgyptSingapore sign deal to develop maritime ports

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