AD Ports Group Partners with Hassan Allam Construction for Safaga Port Development

AD Ports Group has selected Egypt's Hassan Allam Construction to build the infrastructure for the Noatum Ports – Safaga Terminal, marking the first internationally operated port terminal in Upper Egypt.In a significant move to bolster Egypt's maritime infrastructure, AD Ports Group has appointed Hassan Allam Construction to spearhead the development of the Noatum Ports – Safaga Terminal. This initiative marks a milestone as the first internationally operated port terminal in Upper Egypt, strategically positioned on the Red Sea coast.

The expansive terminal will span approximately 810,000 square meters, designed to handle a diverse range of cargo. It boasts a container capacity of 450,000 TEUs, dry bulk and general cargo capacity of 5 million tonnes, liquid bulk capacity of 1 million tonnes, and Ro-Ro facilities capable of accommodating 50,000 CEUs. The infrastructure blueprint includes a 48,000 square meter concrete apron, an 80,354 square meter container terminal, and about 66,360 square meters dedicated to general cargo and break-bulk operations.

This development is a cornerstone of AD Ports Group's substantial investments in Egypt, totaling around USD 349 million over the past three years. These investments encompass the acquisitions of maritime companies such as Transmar, TCI, and Safina, the planned construction of a Ro-Ro terminal in Ain Sokhna, and long-term concessions to develop and operate cruise terminals in Safaga, Hurghada, Ain Sokhna, and Sharm El-Sheikh. The overarching goal is to create new economic growth avenues, streamline trade routes, and provide comprehensive logistics solutions for key strategic trading partners.

Captain Mohamed Juma Al Shamisi, Managing Director and CEO of AD Ports Group, expressed enthusiasm about the collaboration, stating, "We are delighted to sign this construction agreement today with Hassan Allam Construction to build Noatum Ports – Safaga Terminal, which will create a new source of economic growth for the people in the region, in line with the wise vision of our leadership in the UAE."

Echoing this sentiment, Hassan Allam, CEO of Hassan Allam Holding, remarked, "We welcome this opportunity to work with AD Ports Group, one of the fastest-growing trade, transport, and logistics groups in the Middle East, to deliver Noatum Ports – Safaga Terminal, which will be a key addition to Egypt’s maritime and ports infrastructure on the Red Sea. With our track record of more than 90 years, Hassan Allam Holding looks forward to delivering this large-scale, strategically important project for Egypt."

The UAE stands as Egypt’s second-largest trading partner and its most significant international investor, with investments reaching USD 9.6 billion in 2023. The trade volume between the UAE and Egypt was AED 25.2 billion (USD 6.9 billion) in 2023, underscoring the robust economic ties between the two nations. This project is poised to further strengthen these relations, contributing to the economic development and modernization of Egypt's port infrastructure.