Arab Finance: The General Authority for Suez Canal Economic Zone (SCZONE) has announced the signing of two contractual obligations for establishing container and multi-purpose terminals worth a total of $565 million in investments at East Port Said port, as per a statement on August 22^nd.

With $500 million in investments, the first contract covers a one-kilometer container terminal with a 500,000-square-meter handling area and a 3,500-meter berth. It provides 1,000 job opportunities.

The second contract involves a multi-purpose terminal for a consortium of Sky Logistics and Reliance with investments of $65 million.

The terminal comprises a 900-meter berth and a 380,000-square-meter handling area. It offers 550 job opportunities.

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