Egypt signs agreement to operate Berth No. 22 at Port Said

Suez Canal Economic Zone Authority (SCZONE) and Egypt Marine Ports (EMP) signed Wednesday a licence agreement for Berth No. 22 to handle loading, unloading, and storage of general cargo and clean dry bulk goods for the next 18 months.

According to a Cabinet statement, the agreement allows immediate operation and maximizes Port Said’s existing infrastructure. The two parties also signed a memorandum of understanding for feasibility and market studies, with all required approvals to be completed within 18 months. This is expected to pave the way for a future contract to establish, operate, maintain, and develop a clean dry bulk and general cargo terminal.

Transport Minister Kamel El-Wazir said the agreements mark a major step for EMP as it prepares to manage multiple Egyptian port terminals. “The ministry fully supports the company to become a world-class operator, alongside affiliated firms including the Suez Canal Ports Development Company and container-handling companies in Port Said, Alexandria, and Damietta. Our goal is to expand the number of companies across all maritime transport sectors and turn Port Said into a modern hub port that enhances regional and international trade,” he said.

Waleid Gamal El-Dein, SCZONE chairman, said the project will boost Port Said’s capacity, strengthen its role as a hub for general cargo and clean dry bulk goods, attract investment, diversify activities, and support supply chains through integrated logistics.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser