Egypt to offer 10th of Ramadan dry port for public-private partnership

Cairo - Mubasher: Egypt will offer a dry port and logistics centre project in the 10th of Ramadan City for public-private partnership (PPP) on Tuesday, 29 June, in line with presidential directives to boost the private sector's contributions to developmental projects, Minister of Finance Mohamed Maait said. 

The minister added that the 250-feddan project will be launched in collaboration with the Ministry of Transport, according to a statement on Monday. 

The ownership of the project's assets will be re-transferred to the General Authority for Land and Dry Port after the end of the project implementation period, Maait noted. 

Earlier, the country signed an agreement to establish the first dry port in the Sixth of October City in partnership with the private sector. The first phase of the port is expected to come into service by the end of 2021, he pointed out.

Mubasher Contribution Time: 28-Jun-2021 07:54 (GMT)
Mubasher Last Update Time: 28-Jun-2021 07:54 (GMT)