Con­tainer ter­mi­nal awarded to Cosco

China Daily (USA) - - BUSINESS -

Abu Dhabi Ports has awarded China’s Cosco Ship­ping a 35-year con­ces­sion to build and op­er­ate a new con­tainer ter­mi­nal at Khal­ifa Port, the chief ex­ec­u­tive of the Abu Dhabi com­pany told Reuters on Wednes­day. The ter­mi­nal is ex­pected to be op­er­a­tional in the first quar­ter of 2018, Mo­hamed Juma al-Shamisi said.

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