MEDLOG to Signs Agreement with Egypt to Build Dry Port and Logistics Centre
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.
MEDLOG and Egypt’s General Authority for Land and Dry Ports (GALDP) have signed a PPP contract for the financing, design, construction, operation, and maintenance of a 250-acre dry port and logistics zone in the 10th of Ramadan City.
The project, part of Egypt’s broader plan to transform into a regional transport and logistics hub, aligns with President Abdel Fattah El Sisi’s vision to boost Egypt’s role in transit trade.
The site will be divided into two zones: 130 acres for the dry port and 120 acres for the logistics area. It aims to reduce congestion at sea ports, improve trade movement, and lower transport costs, while enhancing supply chain efficiency.
The development will link industrial, agricultural, and mining areas with major sea ports on the Red Sea and Mediterranean through improved road and rail networks.
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As part of the larger initiative to establish 32 dry ports and logistics zones across the country, the 10th of Ramadan project will also contribute to creating job opportunities and supporting industrial growth, positioning Egypt as a key player in regional and international logistics.
MEDLOG, as one of the world’s geographically widest logistics and supply chain operators, continuously invests in proprietary assets, such as inland logistics platforms, warehouses, trucks, locomotives and barges. These strategically located assets increase logistics efficiency for our customers, enabling us to cater for their unique supply chain requirements. With a presence in more than 80 countries, MEDLOG guarantees tailored, door-to-door solutions as well as large, off-dock storage facilities supported by expert teams.
MEDLOG is part of the MSC Group, headquartered in Geneva, Switzerland, and privately owned. The Group encompasses a Cargo Division, led by MSC Mediterranean Shipping Company (MSC) and a Passenger Division, led by MSC Cruises.