Egyptian Minister of Transport, Kamel Al-Wazir
Egypt’s economy
Kamel Al-Wazir: The multi-purpose station project aims to develop the economic zone of the Golden Triangle
The General Authority for Red Sea Ports and the Abu Dhabi Ports Group alliance, affiliated to Abu Dhabi Holding Company, signed the final contract for the management, operation, maintenance and re-delivery of the superstructure of the multi-purpose terminal at Safaga Sea Port.
The Egyptian Minister of Transport, Kamel Al-Wazir, stressed that this contract comes as a starting point for activating the large cooperation plan between the Egyptian Ministry of Transport and the Abu Dhabi Ports Group to establish a number of projects related to the logistics services sector in Egypt.
The multi-purpose terminal project in Safaga Port is considered one of the most important national projects, given its strategic location on the Red Sea on an area of 81 hectares, berths up to 1,000 meters long, and a depth of about 17 meters for handling containers and all types of general cargo and dry and liquid bulk.
It is also considered the main gateway to the development of the Upper Egypt region, especially the development of the economic zone of the Golden Triangle, where the station was planned to serve all the mining activities of the Golden Triangle.
The Minister witnessed the signing of a terms agreement between the General Authority for Red Sea Ports and the Abu Dhabi Ports Group regarding cooperation in the field of developing, managing and operating berths and terminals for cruise ships in the ports of Sharm el-Sheikh and Hurghada, with the provision of services related to the work of cruise ships, as well as the provision of equipment and the development of management and operation systems. And cooperation to allow it to compete with other international ports in the field of tourism and increase competitiveness with these ports to attract the largest possible number of tourists, especially since Abu Dhabi Ports specializes in operating ports and cruise ship terminals and providing marine services and has great experience in cruise ship business.
Also, a terms agreement was signed between the General Authority for Red Sea Ports and the Abu Dhabi Ports Group regarding cooperation in the field of developing, managing and operating berths and terminals for cruise ships, a tourist passenger terminal, a car terminal, and a bulk terminal in Sokhna Port.
A memorandum of understanding was also signed to establish, manage, operate, maintain and re-deliver the superstructure of a multi-purpose terminal in East Port Said Port and a logistics and industrial area. This is in addition to the signing of licensing contracts for the construction of cement silos in the ports of Arish and West Port Said between the Economic Zone and Trans Cargo International.
The Egyptian minister pointed out that these contracts come within the framework of expanding partnership with the local and international private sector, in order to make Egypt a global center of trade and logistics. He pointed to the success of the Ministry of Transport in attracting the attention of international shipping lines as well as international operators to work inside Egypt, such as CMA in the port of Alexandria, EuroJet, Hapag-Lloyd and Conship in the port of Damietta, Hutchison in the ports of Alexandria and Sokhna, and finally the ports of Abu Dhabi in Safaga, Hurghada and Sharm El-Sheikh.
He said that the establishment and development of maritime transport projects is carried out through consulting offices and national Egyptian companies, while the government retains ownership of the infrastructure and assets, including facilities, berths, stations and mobile unit equipment.
