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A memorandum of understanding has been signed between the General Authority of Alexandria Port and Hassan Allam Construction and Tarek Capital for Asset Management to establish and develop an integrated logistics center at Port Dakhla, covering an area of 273,008 square meters. The project aims to strengthen Egypt's position as a regional hub for transportation and logistics services by providing a variety of services including storage, handling, distribution, and re-export, thereby adding value to goods and helping attract investments while enhancing the port's competitive capabilities. The initiative is part of the government's plan to transform Egyptian ports into comprehensive centers for trade and logistics services, in line with the directives of President Abdel Fattah El Sisi, to bolster the national economy and achieve sustainable development. Work will be underway to prepare the terms and conditions necessary to begin project implementation, with the goal of supporting Egypt's role as a regional center for transportation and trade in the Eastern Mediterranean.
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