EGP 125m increase in Damietta Port's revenues

GMT 20:11 2015 Monday ,01 June

Arab Today, arab today EGP 125m increase in Damietta Port's revenues

Damietta Port
Damietta - MENA

Deputy Chairman of Damietta Port Authority for Planning and Investment Mohamed el Sadat said the revenues of the authority witnessed this year a 125-million-pound increase compared to last year.

The revenues increased by 7 percent during the phase between 30 April to July, 1 in 2014.

In statements on Monday, el Sadat attributed the increase to upping the fees taken from ships that dock at the port and the operation of two new quays of 420-meter long.

The two quays' revenues are expected to bring in 30 million pounds in revenues annually.

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