Deputy Prime Minister For Industrial Development Chairs General Meeting On Egyptian Multi-Purpose Terminals
Shipping Arabia, October 11, 2024 — Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, chaired the annual general meeting of the Egyptian Group for Multi-Purpose Terminals.
The meeting, attended by notable figures including Admiral Osama Rabie, Chairman of the Suez Canal Authority, reviewed the financial year ending June 30, 2024.
The gathering celebrated the operational achievements of the Tahya Misr Multi-Purpose Terminal at Alexandria Port, which has accommodated over 500 ships and handled 650,000 TEUs since its launch. The terminal is progressing towards becoming a key transshipment hub in the Middle East.
Noteworthy accomplishments include the implementation of an advanced pre-registration system for trucks, which has successfully reduced turnaround times to under 25 minutes, thereby improving throughput and alleviating congestion. This system, combined with strategic operational enhancements, has positioned Tahya Misr Terminal among the leaders in productivity and safety across CMA CGM’s 50 managed terminals in Europe, Africa, and the Middle East.
Rear Admiral Abdelkader Darwish, Chairman and Managing Director of the company, presented the Board of Directors’ report, which detailed various operational aspects such as IT systems, equipment procurement, and staffing strategies. The financial statements and auditor reports were approved, demonstrating the company’s strong financial position.
During the meeting, the Deputy Prime Minister outlined future initiatives, including plans for equipment procurement for the terminal’s second phase and the establishment of a new multi-purpose terminal at Gargoub Port. This project will involve a strategic partnership with Turkish firms Inventure Group and Dogus, aimed at enhancing Gargoub Port’s role in the region’s maritime and industrial landscape.
The meeting also addressed the advancement of the Railway Container Station (RCS) at Alexandria Port, which aims to strengthen Egypt’s logistics network by connecting seaports with inland dry ports via rail, aligning with Egypt’s vision to become a regional transport and logistics hub.
The session concluded with recognition of the terminal’s contributions to Alexandria Port’s ability to accommodate larger vessels and a wider variety of cargo, further solidifying its status as a vital maritime player in the Mediterranean region.
