AD Ports Group to Transform East Port Said into a Strategic Economic Hub
AD Ports Group has signed a framework agreement with the Egyptian government to explore the development, operation, and transfer (BOT) of an economic zone in East Port Said. This zone will be strategically located at the Mediterranean entrance to the Suez Canal, marking a major milestone in UAE-Egypt trade relations.
Strengthening Trade Infrastructure in the Mediterranean
The agreement, signed at the Egyptian Cabinet headquarters in Cairo, comes as a follow-up to a preliminary agreement established with the Suez Canal Economic Zone (SC Zone) in March 2023. This project is set to position East Port Said as the first industrial zone designed to serve the Mediterranean region, creating opportunities for economic growth and strategic infrastructure development.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, emphasized the significance of this agreement:
“This framework will enable us to deliver strategic infrastructure projects in the Mediterranean Sea region, leveraging Egypt’s potential as a hub for global trade flows. This will also advance our portfolio of value-added investments.”
Expanding UAE-Egypt Collaboration
Over the past three years, AD Ports Group has made significant inroads into the Egyptian market by acquiring key maritime companies, including Transmar, TCI, and Safina BV. The group has also secured long-term concessions to develop and operate cruise terminals at Safaga, Hurghada, Al Sokhna, and Sharm El-Sheikh ports.
In addition, AD Ports is working on building multipurpose and Ro-Ro automotive terminals to further enhance trade connectivity.
A Shared Vision for Economic Growth
This new industrial zone reflects the UAE and Egypt’s long-standing partnership. By building infrastructure to support Mediterranean trade, both nations aim to strengthen their positions as key players in global commerce.
The East Port Said project underscores AD Ports Group’s mission to foster sustainable growth through innovation, collaboration, and investments in strategic locations.
