Sky Ports negotiates a Multi-purpose Terminal in East Port Said Port
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Sky Ports (under incorporation) (“Sky Ports” and the “Concessionaire”) in connection with the negotiating, reviewing and drafting of concession agreement entered with the General Authority for Suez Canal Economic Zone (“SCZone” and the “Grantor”), dated 15 November 2022, for the purpose of designing, constructing, managing, operating, maintaining, and re-delivery of a multi-purpose terminal, with a concession area of 375,000 m2 and quarry wall length of 900 m, located at East Port Said port which is anticipated to be the first fully green port in Egypt.
The MBH team advising on the Concession Agreement was led by Mahmoud S. Bassiouny (regional managing partner and group head of finance & projects) and included Abdallah Soliman (associate)