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
$ investment
Abu Dhabi Ports
Company
$ investment
Alexandria Port Authority (APA)
Company
$ investment
Holding Company for Maritime and Land Transport
Company
Operators
Abu Dhabi Ports
Company
Alexandria Port Authority (APA)
Company
Contractors
China Communications Construction Company, Ltd.
Company
China Road and Bridge Corporation
Company
SIAC Industrial Construction & Engineering Company