Minister of Transport: The terminal is qualified to receive modern commercial vessels of giant sizes, with a total capacity of 12 million tons / year. Work will start at the beginning of this year, it will be put into operation at the beginning of 2022 ... and the completion rate has reached 27%. "The Egyptian Group for Terminals" negotiates with international companies to participate in the management, operation and maintenance of the station ... and the project provides more than 1500 direct job opportunities and 2500 indirect job opportunities. Dr. Mostafa Madbouly, Prime Minister, today, witnessed the signing ceremony of a co-financing contract to finance the construction of the multi-purpose terminal at Alexandria maritime Port, between the Egyptian Group for Multipurpose Terminals and a banking alliance that includes the National Bank of Egypt, Banque Misr, "Commercial International Bank", worth 5 billion pounds. The signature was signed by Major General Abdel Qader Darwish, Chairman of the Board of Directors of the Egyptian Group for Multipurpose Terminals, Mohammad Al-Etribi, Chairman of the Federation of Egyptian Banks, Chairman of Banque Misr, Hisham Okasha, Chairman of the Board of Directors of the National Bank of Egypt, Amr Al-Ganaini, CEO of the Institutional Sector of the Commercial International Bank . The signature was attended by Dr. Hala Al-Saeed, Minister of Planning and Economic Development, Dr. Mohamed Maait, Minister of Finance, Hisham Tawfik, Minister of Public Business Sector, Lieutenant General Kamel Al Wazir, Minister of Transport, Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority. After the signing, the Minister of Transport indicated that the total cost of the project reaches 7 billion pounds, including 5 billion pounds, funded by a consortium of banks operating in the Egyptian market, which includes: "National Bank of Egypt", "Bank of Egypt", "Commercial International Bank." In addition to EGP 2 billion from the main shareholders of the company, they are: "Alexandria Port Authority", "Suez Canal Authority", "Holding Company for Maritime Transport" and "Alexandria Container Handling Company". Eng. Kamel Al-Wazir added: The project is considered a pioneering experience in the field of maritime transport in Egypt, as it is the first of its kind to establish, manage, operate and maintain a multi-purpose terminal with Egyptian capital and Egyptian hands. The minister explained that the project is located on an area of more than half a million square meters, while the length of its berths is about 2,500 meters, the depths of these berths reach 17.5 meters, which qualifies them to receive modern commercial vessels of giant sizes, which qualifies the station to handle 1.5 million containers, about 2 million tons of general cargo, one hundred thousand cars, with a total capacity of 12 million tons / year. He pointed out that it is planned that the station will be integrated with the modern transport system that the Ministry of Transport seeks to implement, which depends on increasing the share of river and rail transport to reach 10% of the total transport system, raising the efficiency of the transport system in general. And Eng. Kamel Al-Wazir continued: Work on the project began at the beginning of this year, it is scheduled to be completed by the end of 2021 To start operating at the beginning of 2022, stressing that the strategic vision of the Ministry of Transport is for the company to become the arm and the Egyptian global trade name, capable of entering global markets in the field of managing and operating multiple stations, so the Ministry is currently working on selecting one of the global partners specialized in this field to work With the Egyptian Company in managing, operating and maintaining the station in a way that guarantees raising the efficiency of the Egyptian human element, through the transfer of expertise and knowledge, in a way that achieves success and growth for this new Egyptian experience, indicating at the same time that the company has already begun to negotiate with serious operators interested in cooperating with it in this Matter. He noted that despite the negative effects of the Corona pandemic, work on establishing the station did not stop and continues in conjunction with taking the necessary precautionary measures to confront the "Corona" virus, indicating that the project completion rate has reached 27%, this project is expected to provide more than 1500 Direct job opportunities and 2,500 indirect jobs. The Minister praised the role of national banks operating in Egypt, which accelerated the financing of national projects, including this project after ensuring its chances of success as a result of the recent feasibility study on which the company relied, which was reviewed by experts in the banks participating in the financing. 17/9/2020
17/9/2020