Cairo – Mubasher: Egypt’s ministry of finance has signed on Sunday an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, for providing advisory services to develop Abu Tartour Port.
The agreement is aiming at involving the private sector in the development project via attracting a strategic partner to finance and operate the port, according to a statement.
Abu Tartour Port is located on the red sea, 5 km from Safaga Commercial Port.
