Egypt signs agreement with Swiss MEDLOG for 10th of Ramadan Dry Port project

The Egyptian Ministry of Transport, through the Public Authority for Land and Dry Ports, has signed a contract with Swiss company MEDLOG for the financing, design, construction, operation, and maintenance of the 10th of Ramadan City Dry Port and Logistics Zone.

The agreement was witnessed by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir.

MEDLOG, the logistics arm of the world’s largest shipping line MSC, emerged as the winner of the global tender issued by the Authority, beating out four international consortiums. The contract was signed by Sayed Metwally, Head of the Authority for Land and Dry Ports, and Domenico Zanon, CEO of MEDLOG.

Al-Wazir emphasized that this agreement aligns with the Ministry’s vision to position Egypt as a regional transport, logistics, and transit trade hub. The plan includes establishing 32 dry ports and logistics zones nationwide and implementing seven integrated logistics corridors that connect key production areas with seaports, facilitating smoother connections between the Red Sea and Mediterranean ports.

He added that the project is crucial for serving new urban communities, with rail and road networks linking dry ports and logistics zones to the industrial, agricultural, and mining sectors along the logistics corridors. The 10th of Ramadan dry port and logistics zone will be a vital component of the integrated Sokhna/Alexandria logistics corridor.