East Port Said Port welcomes three new projects: President Abdel Fattah El Sisi yesterday inaugurated three new terminals in East Port Said, worth a combined USD 724 mn, according to an Ittihadiya statement.

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#1- A USD 500 mn expansion led by Maersk: The largest of the newly inaugurated facilities is the SCCT2 container terminal, a USD 500 mn expansion of the Suez Canal Container Terminal by Maersk-owned SCCT. The terminal spans 510k sqm, includes a 950-meter berth, and will add an extra 2.2 mn TEU of annual capacity. We dove into the project details when it was first announced in 2022 — check out our coverage here.

#2- A USD 159 mn ro-ro terminal: The president also inaugurated the Suez Canal Automotive (SCAT) roll on, roll off (ro-ro) terminal, developed by a consortium of Bolloré-Toyota Tsusho-NYK. The USD 159 mn facility spans 212k sqm, features a 600-meter berth, and can handle 50k vehicles annually. The three players signed the final contract for the project back in 2019.

#3- A USD 65 mn multipurpose terminal: El Sisi also inaugurated a USD 65 mn multipurpose terminal set up by Sky Investments and Reliance Logistics. The 380-sqm terminal includes a 900-meter berth and has an annual handling capacity of 8.5 mn tons. The project has been on our radar since late 2022 when the two sides signed its contract.

East Port Said Port is now Africa’s top-ranked container port and the third globally, SCZone head Walid Gamal El Din said, citing rising investor interest and infrastructure links connecting the east and west banks of the canal.

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