Applying Dnipro experience to the Nile

Applying Dnipro experience to the Nile, Nibulon is starting a 10-year, $2 billion project to upgrade Egypt’s river cargo transport system, the company reports. The project is to involve building grain silos and elevators and twenty 20,000 ton river barges in Egyptian shipyards, reports Oleksiy Vadaturskiy, the company’s general director. Though the end of next year, Nibulon is to invest $200 million. The company notes that over the last decade, it exported 12 million tons of Ukrainian wheat, corn, sorghum and soybeans to Egypt.