New Fayoum Logistics Zone

Objective

The objective is to boost investment in one of the poorest governorates in Egypt, link new cities to the infrastructure corridor and allow for the export and domestic transport of industrial and agriculatural products.

Description

"The tender offers the construction, management and operation of the dry port, including customs works, an industrial zone, a service zone, manufacturing industries, complementary industries, packaging, packing, and logistics services. The project`s estimated cost is USD 176 million in exchange for a rate of the total revenues. Competitive advantage: All utilities are installed to the land boundaries."

History

Orascom has begun to build a warehouse in Fayoum but it is unclear if this is part of the logistics hub or not. More here https://meconstructionnews.com/54942/670mn-added-to-its-backlog-in-q3-2022-says-orascom-construction