History
The Suez Canal Container Terminal became operational in 2004. Designs in 1999 and actions on the part of the Egyptian government lead the tender for a new container terminal in Port Said.
In 2007, the Egyptian government signed a concession agreement for the progression of "Phase II" of the SCCT facility.
Construction on the SCCT first started in 2003, and a target date of October 1 of the following year was established.
Read more about this topic: Suez Canal Container Terminal
Famous quotes containing the word history:
“Both place and time were changed, and I dwelt nearer to those parts of the universe and to those eras in history which had most attracted me.”
—Henry David Thoreau (18171862)
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every mans judgement.”
—Francis Bacon (15611626)
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (18261877)