Chairman of DIFTZ Receives Egyptian Deputy Prime Minister
The Chairman received at Djibouti International Free Trade Zone H.E. Lieutenant General Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport of the Arab Republic of Egypt.
H.E. Hassan Houmed, Minister of Equipment and Transport of the Republic of Djibouti, H.E Ahmed Ali Barreh Ambassador of Djibouti in Egypt and H.E Abdelrahman Raafat khattab Ambassador of Egypt in Djibouti were also present as witnesses of the signing ceremony of 3 agreements.
The ministerial delegation began with a comprehensive visit to the Doraleh Container Terminal (SGTD), followed by a site visit to the future solar park located in Doraleh, near the SGTD container terminal. The delegation then proceeded to the Djibouti International Free Trade Zone at PK23, where they visited the logistics area dedicated to the export and processing of Egyptian products.
A signing ceremony was held in DIFTZ for 3 key agreements:
– An agreement between an Egyptian solar energy producer Elseweddy Electric and SGTD for the development of a 23 MW solar power plant with battery storage. The project will be developed on a 30-hectare site in Doraleh and will supply energy exclusively to SGTD.
– A Memorandum of Understanding between Great Horn Investment Holding (GHIH) and the Holding Company for Maritime and Land Transport (HCMLT) which is a state-owned Egyptian entity for the development of a new container terminal with a capacity of 5 million TEUs and a quay length of 1,450 meters -18m.
– A land lease agreement for an initial 10-hectare plot within Djibouti International Free Trade Zone, for the development of a logistics zone dedicated to the export and processing of Egyptian products. This project will lead to job creation.
H. E. Lieutenant General Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport of the Arab Republic of Egypt, affirmed that Djibouti and Egypt are brotherly nations. He emphasized that his presence at this ceremony, marked by the signing of agreements between private companies and Djibouti Ports and Free Zones Authority, reflects the depth of this fraternal relationship and the common commitment to strengthening bilateral cooperation.
Source : DIFTZ
