In a landmark move advancing Egypt’s port development strategy, President Abdel-Fattah El-Sisi officially inaugurated the Tahya Misr multipurpose maritime terminal in Alexandria on Thursday.
Speaking at the inauguration ceremony, El-Sisi underscored the transformative potential of port modernization for positioning Egypt on the global competition radar. The development projects, which span the ports of Alexandria, Abu Qir, and Gargoub, will harness Egypt’s inherent strengths and strategic geography, promising lasting benefits for future generations.
Regarded as a linchpin in the reimagining of the Port of Alexandria as a key regional and international trade and logistics nexus, the Tahya Misr terminal brings to the fore cutting-edge green smart station technologies for efficient goods handling.
The half-a-million-square-meter terminal houses distinct trading sections for containers, general cargo, and automobiles.
Poised to serve as the logistical heart of the station established behind Alexandria port, the terminal anticipates an annual capacity of 12-15 million tons of goods.
Egypt’s Transport Minister, Kamel El-Wazir, is confident that the Alexandria port is evolving into “the Mediterranean Sea’s crowning jewel.”
Responding to requests from Jordan and Iraq, Egypt has devised a new protocol to establish an “Arab Trade Line,” set to streamline the flow of goods.
Goods from these countries and the Gulf will be transported via land routes to Aqaba, Jordan, ferried to Taba and Nuweiba and then relayed through the newly constructed tunnels to Port Said for export to Europe. El-Sisi stressed the Taba tunnel’s crucial role in this ambitious transportation network.
In parallel, plans are in motion to develop the Arish Port to boost Egypt’s stake in Mediterranean yacht tourism. To expedite the process, El-Sisi mandated a swift 30-minute turnaround for yacht permissions.
The president also inaugurated other projects through video conferences, including the 6th of October Dry Port, as well as development work at the Salloum Land Port and Damietta Port’s Breakwater.
Minister of Finance Mohamed Maait emphasized the importance of complementing the Ministry of Transport’s efforts by properly regulating customs to make Egypt a center of global trade.
To achieve this goal, the customs processes have been developed through five tracks, aimed at reducing costs and increasing productivity in the shortest possible time.