Egypt Signs Two MoUs with Abu Dhabi Ports Group to Manage and Operate a Multipurpose Terminal and an Inland Port

As part of the Egyptian Ministry of Transport’s plan to attract global operators to invest in multipurpose terminals in Egyptian seaports and river ports, two memoranda of understanding were signed with Abu Dhabi Ports Group on Sunday 20 March 2022.

The first MoU signed by Abdel Qader Darwish, Chairman of Egyptian Group For Multipurpose Terminals (EGMPT), and Saif Al Mazrouei, Head of Transport Sector at Abu Dhabi Ports Group, concerns the management and operation of a multipurpose terminal at the port of Ain Sokhna.

This agreement, which is part of the Egyptian Ministry of Transport’s project, aims to complete the development of Ain Sokhna port into one of the most important Egyptian ports on the Red Sea, serving trade between South and East Asia, South and West Europe and North Africa.

The second MoU was signed by Mr. Moufid Salah Shehata, Chairman of the Public Authority for River Transport, Mr. Abdel Qader Darwish, Chairman of the Board of Directors of the Egyptian Group For Multipurpose Terminals (EGMPT), and Mr. Sayed Al Mazrouei, Head of the Ports Sector of Abu Dhabi Ports Group.

The MoU covers the management and operation of a river port, the initiation of cargo and passenger transport and the establishment of a river port in Minya governorate, with a view to building a silo for sugar storage and export it through the Damietta port and preparing the logistic areas there designated for that purpose.

The MoU also includes studies on passenger transport as part of the River Transport Authority’s national project to activate  passenger transport between the governorates. 

Also, on the same day, a Memorandum of Understanding was signed between the Port Training Institute of the Arab Academy for Science, Technology and Maritime Transport and Alexandria Port Authority on cooperation in the field of training programs.