Egypt is set to connect logistics areas and cargo distribution centres directly with Alexandria Port through a network comprising of land, rail, and river means of transportation in a bid to boost the volume of handling cargo at the port and increase storage areas, the Minister of Transport, Kamel El-Wazir said.
The first logistics zone spans over 273 feddans at a cost of EGP 1 billion at El-Metras basin and the second one extends over 12 feddans, El-Wazir said.
During President Abdel Fattah El-Sisi’s visit to Alexandria Seaport on Tuesday, the minister said that Egypt is developing Alexandria Seaport with the aim of being an international hub for logistics and trade. All development works ports are scheduled for completion in 2024.
The country hired the largest European operator to manage Tahya Misr Terminal at Alexandria Port and an international consortium comprised of Germany’s Eurogate and Hapag-Lloyd and Italy’s Contship to operate a terminal in Damietta Port.
Moreover, the ministry built the prier no. 85 and three terminals for handling wood at a length of 433 metres and a depth of 15.5 metres with a cost of EGP 400 million at Alexandria Port.
A new storage area has been established over 50 feddans at a cost of EGP 305 million for handing 3 million tonnes of cargo.
The ministry established a multi-purpose terminal at El-Dekheila Port at a cost of EGP 3 billion, a dry bulk terminal at El-Dekheila Port at a cost of EGP 1.8 billion, a dry bulk terminal at El-Dekheila Port at a cost of EGP 1.6 billion, and a port between Alexandria Port and El-Dekhiela Port at El-Max at a cost of EGP 12 billion.
