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AD Ports, Hassan Allam to Build Egypt’s First International Red Sea Terminal

AD Ports, Hassan Allam to Build Egypt’s First International Red Sea Terminal
  • AD Ports Group has appointed Hassan Allam Construction to build the Noatum Ports – Safaga Terminal, in line with Egypt’s Vision 2030.
  • The Safaga Terminal will span 810,000 m² with a container capacity of 450,000 TEUs, and dry bulk capacity of 5 million tonnes.
  • The UAE, Egypt’s second-largest trading partner, has invested USD 9.6 billion in 2023, with AD Ports Group making significant investments in Egypt’s Red Sea infrastructure.

Strategic Partnership for Safaga Terminal Development

AD Ports Group has appointed Hassan Allam Construction, a subsidiary of Hassan Allam Holding, to build the infrastructure for the Noatum Ports – Safaga Terminal, according to media reports.

Moreover, this initiative is aligned with Egypt’s Vision 2030, which focuses on economic reform and infrastructure development, positioning the country as a major logistics hub in the region.

Projects like the Safaga Port upgrade and the Ain Sokhna expansion also aim to increase cargo handling capacity. Safaga, for instance, is to handle millions of tonnes of bulk and general cargo.

Key Features of the Noatum Ports – Safaga Terminal in Upper Egypt

Additionally, the Safaga Terminal will be the first internationally-operated port in Upper Egypt, located on the Red Sea coast. Spanning 810,000 m², the terminal will feature a container capacity of 450,000 TEUs, dry bulk capacity of 5 million tonnes, liquid bulk capacity of 1 million tonnes, and Ro-Ro facilities for 50,000 CEUs.

It will also include support infrastructure such as offices, workshops, and warehouses, vital for expanding Egypt’s trade capacity.

Strengthening Regional Trade and Investments

Hassan Allam, CEO of Hassan Allam Holding, emphasized the project’s importance in boosting Egypt’s maritime infrastructure.

AD Ports Group is investing significantly in projects like the Safaga Terminal, and additional developments such as cruise terminals in Sharm El-Sheikh and Hurghada aim to boost tourism.

So far, the UAE remains Egypt’s second-largest trading partner. The investments between thetwo countries is totaling USD 9.6 billion in 2023, highlighting the growing economic cooperation between the two nations.

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