Coordination took place between the ministry and the global container terminal operator, which includes the companies of the Hutchison Port Alliance, and major international shipping companies MSC, CMA and COSCO.
The alliance will build and develop the superstructure, use, manage, operate, exploit, and maintain a container terminal in the port of Sokhna and a container terminal at berth (100) in the port of Dekheila.
The Ministry of Transport said, in a press statement, that the volume of foreign direct investments that the alliance is to pump into the container terminals at the port of Sokhna and Dekheila is estimated at US$1.6 billion.
These terminals will add a capacity to all Egyptian ports estimated at 5 million TEUs / year, which represents an increase of approximately 50 percent of the handling capacity of all Egyptian ports for container handling, and represents an increase of approximately 100 percent of the capacity of import and export at Egyptian ports.
The statement added that the total length of the berths at the terminals is 3,800 meters, including 2,600 meters at the container terminal in Sokhna Port and 1,200 meters at the container terminal at Dekheila Port), with a draft of 18 meters and a total area of 2.4 million square meters (1.6 million square meters in Sokhna and 0.8 million square meters in Dekheila).
The ports thus will be capable of receiving the giant ships with lengths of up to 400 meters and loads of about 240,000 tons and 24,000 equivalent containers, at a total cost of about LE11 billion (LE7.6 billion in Sokhna and LE3.5 billion in the port of Dekheila).
The ports will use advanced and fully automated management and operation systems that rely on remote control technology and artificial intelligence technology to ensure the highest levels of efficiency in operation to serve global transit traffic, the statement said.
There is an expectation that a direct revenue value from the two ports of about $5 billion for the Alexandria Port Authority and the economic sector of the Suez Canal.
During the contract period, which is 30 years, in addition to the ability of these stations to double the capacity of Egyptian import and export trade.
The two contracts of commitment with Hutcheson alliance of companies were signed, Wednesday, for the construction of the superstructure, management, operation, exploitation, maintenance and re-delivery of the container terminal in the port of Sokhna.
The construction of the superstructure, management, operation, exploitation, maintenance and re-delivery of the container terminal at “Berth 100” in Dekheila.