Egypt has big dry port plans — where do they currently stand?

More dry ports incoming. The House Transport Committee last week approved a draft decision put forward by the cabinet to grant Medlog, the cargo subsidiary of Italy’s Mediterranean Shipping Company (MSC), the rights to to design, construct, operate, maintain, and finance the new Tenth of Ramadan dry port and logistics center. The greenlight pushes forward a project that has been in the making for close to two years.

Project details: The project will be carried out under a 30-year public-private partnership (PPP) contract. The 250-feddan dry port aims to serve the industrial area in Badr, Ain Sokhna, East Port Said, the New Capital, and the Tenth of Ramadan. Medlog inked a contract with the government to set up the dry port back in August 2023.

The timeline: The Transport Ministry launched a tender for the port in 2022 and MSC was awarded it in June 2023.