AD Ports Group, Egypt’s Ministry of Petroleum & Mineral Resources, and TCM Project Management have signed a Memorandum of Understanding (MoU) to explore joint operation and development of Egypt’s strategic crude oil storage network. The initiative focuses on a system recognized as critical infrastructure in Egypt’s national energy value chain and is strategically placed to serve both domestic and international markets.
The new collaboration demonstrates AD Ports Group’s ongoing commitment to expanding its integrated operations in Egypt, a priority overseas market. Since 2022, the group has announced approximately US$469 million in investment commitments in the country, spanning multiple sectors.
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