Alexandria Logistics Park

Objective

Develop, manage, and operate a 1.1 km² integrated logistics area

Description

"""Under the agreement, AD Ports Group will collaborate with HCMLT to explore the development, management, and operation of a 1.1 square kilometre integrated logistics area at Alexandria Port, one of the largest logistics hubs on the Mediterranean Sea."" ""The port handles approximately 60% of Egypt’s foreign trade, according to government figures."""

History

Because the project is organized into interconnected sub-zones (the initial logistics center, the 547-acre mega-expansion, and the specialized liquid energy storage hub), the overall investment pipeline stands at approximately $665 million to $675 million with the vast majority focused on the Petroleum Products & Liquid Bulk Logistics Hub

Finance