Minister El-Wazir signs MOU for Alexandria cargo terminal
Prime Minister Full Power Sherif, the Minister of Transport, witnessed the signing of a memorandum of understanding to establish a bulk industrial cargo terminal at Alexandria Port, specifically within the Meks Port area. The project aims to develop a specialized dry bulk terminal that includes quays capable of accommodating giant ships, storage yards, handling facilities, and a logistics center integrated with the railway network to enhance cargo movement between maritime transport, rail, and land transportation. The project focuses on supporting the Egyptian economy, creating job opportunities, reducing supply chain costs, and improving the competitiveness of exports, all as part of the port development plan and Egypt’s vision to become a regional transportation and logistics hub by 2030. Officials also expressed their commitment to swiftly implementing the project to strengthen partnerships with Chinese companies and capitalize on cooperation in the fields of maritime transport and industry.
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