Hyundai probes investment in Red Sea ports

Head of the Red Sea Ports Authority Hesham Abu Senna received Wednesday a delegation of Hyundai Motor, South Korea's largest automaker, to review the available investment opportunities at the Red Sea ports, especially the new Suez Canal ports.

During the meeting, a presentation was shown for the authority's ports in Suez, Red Sea and South Sinai along with the areas of the ports and the available services and investment opportunities, said Abu Senna in statements Wednesday.

The meeting also tackled development works at the ports, which represent a leap in the naval transportation sector, he added.