Egypt’s President Abdelfattah al-Sisi inaugurated Thursday the Tahya Misr multipurpose maritime Terminal in Alexandria as part of plans to develop local ports, local media “Ahram Online” reports.
The Tahya Misr multipurpose maritime Terminal will play a vital role in transforming the Port of Alexandria into a regional and global hub for trade and logistics, the media notes.
The Egyptian president argued that the development of the country’s ports will put the North African country on the global map of competition in different fields and allow it to benefit from its capabilities and location.
The plans, al-Sisi added, will extend to Abu Qir, and Gargoub ports.
The inaugurated Terminal is meant to be a green smart station that utilizes the best methods for handling goods. The station reportedly includes half a million square meters of trading yards and is divided into three trading stations: containers, general cargo, and cars.
The terminal is expected to function as the heart of the logistical station established behind the Alexandria port, with an annual capacity of 12-15 million tons of goods.
French companies “Compagnie Maritime d’Affrètement (CMA) and Compagnie Générale Maritime (CGM)” will run and manage the Terminal.
Source : The North Africa Post
