SCZONE will end Al- Arish port development plan during the first quarter of 2024

Mr. Waleid Gamal El-Dein, chairman of the Suez Canal Economic Zone, announced that the development plan for Al-Arish port will be completed during the first quarter of 2024. The development works include the implementation of the berths, breakwater, circulation yards, and internal roads, and raising the efficiency of buildings, walls, and gates of the port.

“Al-Arish port enjoys a unique and distinguished location on the Mediterranean Sea that connects the continents of Europe and Asia. After ending the development works, the port will be able to receive modern ships with huge tonnages, in addition to establishing silos projects for the handling of white and black cement, as well as trading other Sinai goods such as sand, salt, and marble to foreign markets. Al-Arish port will contribute to creating direct and indirect job opportunities in the governorate and advancing the development process in Sinai.” Mr.Waleid Gamal El-Dein declared.

“The development operations taking place in the port come within the framework of accelerating the pace of work in the port and coordinating with the concerned authorities to operate the port with higher efficiency to match international standards. SCZONE grants facilities to companies, which companies benefited greatly to open new markets for them in Europe and North Africa, and among the most prominent countries importing these products are “Russia, Syria, Greece, Morocco, and Libya”. The port also attracted major Port operators to work on its projects, which will start immediately after receiving the new berths.” Gamal El-Dein added.

“The development works achieved progress of many working companies, one of them is working on implementing a project to establish 6 silos to store black and white Sinai cement with a storage capacity of 75 thousand tons. During the next year 2024, it will reach 1.5 million tons, with a total investment cost of 830 million pounds. It is expected that revenues from trading ships in this project will achieve approximately 28 million dollars.” Waleid Gamal El-Dein stated.