Know more about Egypt's plan to develop seaports

CAIRO - 7 January 2023: A study by the Egyptian Center for Thought and Studies revealed that the maritime transport sector has set several strategic goals, given that 90% of Egypt's trade volume with the world passes through seaports, and that the country is currently working on developing the infrastructure of seaports, the most prominent of which are the following:

 

Achieving integration between Egyptian ports by developing an integrated plan that includes an investment map for Egyptian ports.

 

Complete the geographical coverage of Egypt with maritime transport services in order to support comprehensive development.

 

Establishing and developing the infrastructure and superstructure of seaports in accordance with market economies and international standards.

 

Linking Egyptian ports to investment areas by exploiting the national network of roads and means of transportation in an integrated vision.

 

Transforming Egypt into a global center for energy, trade and logistics at the regional, African and global levels.

 

Rehabilitation and development of human resources capabilities.

 

Developing the legislative structure in line with local and global developments and keeping pace with international treaties and commitments.

 

Securing sea ports.

 

Work to raise the international environmental classification of Egyptian seaports to green ports to achieve environmental sustainability.

 

Developing and supporting the Egyptian merchant marine fleet, enabling it to transport 25% of Egypt's foreign trade volume.

 

Supporting the development of marine tourism.

 

Commercial ports in Egypt:

 

Egypt owns 18 commercial ports, and has 3,000 kilometers of beaches, and it is working to exploit its potential, as it fully implements a port development plan to attract investment.

 

In this regard, the government adopted an integrated plan for the development of Egyptian ports consisting of 80 projects with a total cost of EGP 129 billion, some of which have been implemented, others are underway, and some are planned.

 

Implementation is being carried out by about 50,000 workers, with the participation of about 100 companies from the private sector, some of which have established alliances with international companies in this field to implement the development and operation plan.