Damietta Port in Egypt
Nibulon plans to build silos near the ports of Alexandria and Damietta. Photo courtesy of Damietta Port Authority.
 
Reuters

The silos would be built at two sites near the ports of Alexandria and Damietta. Twenty barges, each with a capacity of 2,000 tonnes, would be built to transport grain along the river.

The first phase of the investment, under a recent agreement, would begin in the next two years.