Fatshimetrie recently reported a major breakthrough for the Port of Alexandria in Egypt. President Abdel Fattah al-Sisi signed Law No. 161 of 2024, which entrusts the Egyptian Dutch Stevedoring Services Company (EDSCO) with the task of building and developing the superstructure of an integrated logistics station at the Port of Alexandria.
This large-scale project aims to modernize the port infrastructure and strengthen Alexandria’s strategic position as a trade hub in Egypt. By entrusting the responsibility to EDSCO, the Egyptian government is demonstrating its willingness to engage in the development of the country’s logistics and maritime activities.
The project is expected to be implemented over a period of 30 years from the date of acquisition of the necessary land. This initiative is expected to help boost the local economy, create new jobs, and strengthen trade with the rest of the world.
The publication of this law in the official gazette marks the beginning of a new era for the Port of Alexandria and paves the way for promising growth and development opportunities for the region.
By investing in port and logistics infrastructure, Egypt is strengthening its position as a major player in the maritime sector. This project will help meet the growing needs of international trade and position the Port of Alexandria as a key player on the global stage.
EDSCO’s involvement in this project underlines the importance of international cooperation in the development of port infrastructure. Through this collaboration, the Port of Alexandria will be able to benefit from the expertise and technology needed to become a leading logistics hub.
In conclusion, the construction of the Integrated Logistics Station at the Port of Alexandria represents an important step towards the modernization and competitiveness of the Egyptian economy. This ambitious project opens new perspectives for the development of maritime trade and strengthens Egypt’s strategic position on the international stage.