Atlas Corridor
Component

Alexandria Logistics Park

zone

Cities

Alexandria
Egypt

Cost

$0.7b
$665,000,000

Phases

underConstruction,

Objective

Develop, manage, and operate a 1.1 km² integrated logistics area

Description

"""Under the agreement, AD Ports Group will collaborate with HCMLT to explore the development, management, and operation of a 1.1 square kilometre integrated logistics area at Alexandria Port, one of the largest logistics hubs on the Mediterranean Sea."" ""The port handles approximately 60% of Egypt’s foreign trade, according to government figures."""

History

Because the project is organized into interconnected sub-zones (the initial logistics center, the 547-acre mega-expansion, and the specialized liquid energy storage hub), the overall investment pipeline stands at approximately $665 million to $675 million with the vast majority focused on the Petroleum Products & Liquid Bulk Logistics Hub

Finance

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$ investment
Abu Dhabi Ports Company
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$ investment
Alexandria Port Authority (APA) Company
$ investment
Holding Company for Maritime and Land Transport Company

Operators

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Abu Dhabi Ports
Company
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Alexandria Port Authority (APA)
Company

Contractors

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China Communications Construction Company, Ltd.
Company
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China Road and Bridge Corporation
Company
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SIAC Industrial Construction & Engineering Company
Company
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Rowad Modern Engineering
Company