AD Ports Group has signed a definitive concession agreement with the Red Sea Ports Authority (RSPA) to develop, operate, and manage three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports in Egypt.
The announcement comes as part of a broader strategy to enhance Egypt’s cruise tourism sector.
The agreement, which includes a total investment of $4.7m over the next 15 years, aims to make the terminals operational by 2025.
This investment will enable the provision of new services, improved access for cruise operators, and the addition of new itineraries through AD Ports Group’s network in the Red Sea.
The deal is expected to significantly boost cruise passenger volumes and elevate passenger experiences in the…
