{"id":545681,"date":"2022-04-07T04:00:32","date_gmt":"2022-04-07T04:00:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/07\/govt-grants-freezone-status-to-alexandria-port-cargo-terminal\/"},"modified":"2022-04-07T04:00:32","modified_gmt":"2022-04-07T04:00:32","slug":"govt-grants-freezone-status-to-alexandria-port-cargo-terminal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/07\/govt-grants-freezone-status-to-alexandria-port-cargo-terminal\/","title":{"rendered":"Gov\u2019t grants freezone status to Alexandria port cargo terminal"},"content":{"rendered":"

<\/a> New freezone at Alex port for state-owned terminal:<\/strong> Cabinet approved yesterday the establishment of a freezone for the state-owned Egyptian Group for Multi-Purpose Terminals (EGMPT) at Alexandria port, according to a statement.<\/a> The USD 500 mn project will establish a new 540k sqm multi-purpose terminal for handling containers and general cargo.<\/p>\n

EGPMT shareholders are fully funding the project:<\/strong> The Alexandria Port Authority (a 34% shareholder in the company), the Suez Canal Authority (33%), the Holding Company for Maritime and Land Transport (20%), and the EGX-listed Alexandria Container and Cargo Handling Company (13%) will put up all the money, according to the statement.<\/p>\n

About the company:<\/strong> The holding company was established<\/a> by the Transport Ministry in 2018 to design, construct, operate, and maintain multipurpose platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"

New freezone at Alex port for state-owned terminal: Cabinet approved yesterday the establishment of a freezone for the state-owned Egyptian Group for Multi-Purpose Terminals (EGMPT) at Alexandria port, according to a statement. The USD 500 mn project will establish a new 540k sqm multi-purpose terminal for handling containers and general cargo. EGPMT shareholders are fully […]<\/p>\n","protected":false},"author":1,"featured_media":545682,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[1643,9684,72,1642,7111,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-alex-cargo","tag-apa","tag-enterpriseam","tag-holding-company-for-maritime-and-land-transport","tag-infrastructure","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"5a6d9152-86fd-4a0d-8caf-63f814c689f5","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/4\/162.jpg","photo_position":"above","related_issue":[545665],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t grants freezone status to Alexandria port cargo terminal - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/07\/govt-grants-freezone-status-to-alexandria-port-cargo-terminal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t grants freezone status to Alexandria port cargo terminal\" \/>\n<meta property=\"og:description\" content=\"New freezone at Alex port for state-owned terminal: Cabinet approved yesterday the establishment of a freezone for the state-owned Egyptian Group for Multi-Purpose Terminals (EGMPT) at Alexandria port, according to a statement. The USD 500 mn project will establish a new 540k sqm multi-purpose terminal for handling containers and general cargo. 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While we have yet to see any massive pieces of news emerging on the homefront or abroad today so far, we\u2019re not exactly complaining about the breather.SO, WHEN DO WE EAT? 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