World Courant
The Egyptian Group for Multi-Goal Terminals Firm (EGMPT)the industrial arm of the Egyptian Ministry of Transport for maritime transport and logistics, alongside the Inventure Alliance, and the Turkish firm DOGUS, signed a Memorandum of Understanding on Friday to ascertain a Turkish logistics industrial zone within the Jarjoub Financial Zone.
The signing was attended by Egyptian Minister of Transport Kamel al-Wazir, the pinnacle of the Alexandria Port AuthorityNihad Shaheen, and representatives of the three events concerned.
The MoU is inside the plan of the Egyptian authorities, represented by the Ministry of Transport, to take advantage of the strategic location of the Port of Jarjoub to implement varied tasks by the alliance.
The goal is to design, construct, handle and function a industrial port, free and logistics zones, and join them to the railway community, a multifunctional freight terminal, a passenger terminal, a marina and an industrial zone.
The challenge additionally goals to extend commerce quantity with African nations, maximize Egypt’s function inside Africa and create a logistics spine for complementary industries, value-added industries and warehousing actions for all sorts of products to fill the huge untapped house behind the financial system to take advantage of. port.
And it seeks to draw international investments to all financial sectors (business, tourism, logistics, data expertise) and set up worldwide tourism facilities, such because the cities of al-Alamein and Ras al-Hikma, to encourage tourism actions and improve Egypt’s share to extend it. facilitating cruise tourism and establishing an built-in city group and a non-public airport within the metropolis.
The Memorandum of Understanding features a interval of six months to conduct research, instantly start implementing the challenge procedures and acquire the mandatory approvals.
Inside this era, the coalition, in collaboration with the EGMPT group, will conduct feasibility research for the challenge to provoke financing procedures and submit them to one of many worldwide establishments to finance the development part.
The challenge additionally goals to create greater than 20,000 jobs and pump in additional than $7 billion in direct funding throughout all its phases.
The premise for the challenge is the operation of a multifunctional station (containers – dry bulk – liquid bulk – breakbulk) and a various logistics space instantly after signing the contract, which is predicted to be signed earlier than the top of this 12 months. can be put into use in early 2026.
Egypt indicators MoU to arrange Turkish logistics industrial zone in Jarjoub
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