Shipping Arabia, April 26, 2025 — The Egyptian Transport Ministry is considering delegating the construction and development of Taba Seaport to the Suez Canal Ports Company, a subsidiary of the Suez Canal Authority. The estimated investment for this project is around 4 billion Egyptian pounds, signaling a significant move to enhance Egypt’s maritime trade and logistics capabilities.
According to government sources cited by Al-Borsa, the infrastructure work for the port is projected to cost approximately 1 billion Egyptian pounds. This development aims to transform the existing facility from a tourist marina into a fully operational seaport that will meet commercial shipping demands and greatly improve cargo transport from Egypt to various international markets.
Located on 52.5 acres in the South Sinai Governorate, the Taba Seaport project is strategically designed to reduce transit times for shipping routes that have traditionally relied on land transportation, especially to Jordan and Saudi Arabia. This initiative is part of Egypt’s broader strategy to integrate the Sinai region into a modern transportation network that includes seaports and rail links with neighboring countries.
The new port is expected to facilitate more efficient movement of goods between Arab and Asian nations, providing Egyptian exporters with access to new markets at lower costs. Additionally, it aims to lessen reliance on longer conventional land routes.
Furthermore, Taba Seaport is set to become an important gateway for tourists from Gulf countries and Jordan, boosting tourism to popular destinations like Sharm El-Sheikh, Dahab, and Nuweiba. The port is designed to accommodate large cruise ships, which is likely to enhance tourist arrivals.
The development of Taba Seaport is also anticipated to stimulate local economic growth through the construction of new roads and advanced logistics facilities, creating job opportunities and promoting overall economic development in the Sinai region.
