SCZONE signs MoU and 18-month usufruct agreement with Sky Ports to develop and operate a multi-purpose terminal at Sokhna Port

Lt. Gen. Kamel Al-Wazir, Deputy Prime Minister and Minister of Industry and Transport, witnessed the signing of an MoU and an 18-month usufruct agreement between the Suez Canal Economic Zone (SCZONE) and Sky Ports. The agreements aim to conduct technical studies and initiate the temporary operation of a multi-purpose terminal at Ain Sokhna Port.

The planned facility includes a 588-meter berth, a 250,000 m² logistics yard, and 100,000 m² of covered warehouses, with a projected initial handling capacity of at least 2 million tons per year to serve trade with East Africa, the Gulf, and the Far East.

Mr. Waleid Gamal El-Dein highlighted the project’s role in enhancing Sokhna Port’s logistics capabilities and supporting integrated supply chains across SCZONE’s ports and industrial zones.

Mr. Tarek Hussein emphasized the strong investment climate in Egypt’s port sector and Sky Ports’ commitment to expanding its successful operations following its achievements in East Port Said.

The signing falls within a comprehensive plan in which the MoU outlines long-term strategic objectives for establishing and operating an integrated multi-purpose terminal, while the 18-month usufruct agreement enables immediate utilization of the berth until the final concession contract is completed.