Wednesday 08 May
Transport Minister Engineer Kamal El-Wazir witnessed the signing of a contract for the superstructure works of the “Hayah Masr 1” container terminal project at Damietta Port.
The agreement involves Damietta
Alliance for Container Terminals (Hapag-Lloyd, Eurogate Germany, Contship
Italy) - the operator of the Hayah Masr 1 terminal - and Modern Engineering
Pioneers company.
This contract finalizes the
construction of the Hayah Masr 1 terminal, with its infrastructure already 100%
complete. The terminal has a capacity of a 3.5 million TEU, with quay lengths
of 1,970 meters, and a depth of 18 meters.
The minister emphasized the
urgency of starting construction on the superstructure works to ensure the
terminal's timely opening. He highlighted the project's significance in
boosting Damietta Port's container handling capacity by 3.5 million TEU. The
Minister noted that this project aligns with the ministry's development of the
integrated Tanta-Mansoura-Damietta logistics corridor. This corridor
encompasses the Tanta logistics zone, the railway line connecting the cities,
the dry port in New Damietta, and Damietta Port itself.
He emphasized that the corridor,
with Damietta Port as a key component, will position the port as a global hub
for transit trade, supporting the state's goal of transforming Egypt into a
regional center for transport, logistics, and transit trade, as outlined in
presidential directives.
El-Wazir further noted that this
project aligns with the ministry's plan to attract leading global shipping line
operators like Eurogate, Contship, and Hapag-Lloyd to invest in the Egyptian
ports, participate in port operations and maximize cooperation with the
international and local private sector.
