{"id":664645,"date":"2025-05-05T00:00:00","date_gmt":"2025-05-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/05\/ad-ports-signs-50-year-agreement-to-develop-kezad-east-port-said-zone\/"},"modified":"2025-05-05T00:00:00","modified_gmt":"2025-05-05T00:00:00","slug":"ad-ports-signs-50-year-agreement-to-develop-kezad-east-port-said-zone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/05\/ad-ports-signs-50-year-agreement-to-develop-kezad-east-port-said-zone\/","title":{"rendered":"AD Ports signs 50-year agreement to develop Kezad East Port Said Zone"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>AD Ports to set up industrial and logistics park in East Port Said:<\/strong> Abu Dhabi wealth fund ADQ-owned AD Ports Group has inked a 50-year renewable usufruct agreement with the Suez Canal Economic Zone (SCZone) to develop and operate an industrial and logistics zone spanning 20 sq km in East Port Said, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0vo9FtD9s1fG2H2nf8qNnxPeAP8uw1mPUrsGkbzV9wzDh11rYVziEJCYAz2aq7CLRl\" style=\"\" rel=\"noopener\">cabinet statement<\/a> and <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/05\/04\/ad-ports-group-and-egypts-suez-canal-economic-zone-sign-agreement\" style=\"\" rel=\"noopener\">another from the logistics player<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> AD Ports will develop, construct, finance, operate, and manage the zone \u2014 dubbed Kezad \u2014 in phases. The first phase will span 2.8 sq km and include a 1.5 km quay that could eventually host a multipurpose cargo terminal, construction on the phase will kick off by the end of the year and should be completed within three years. Neither statements provided any details on the subsequent phases. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While the total cost of the project is yet to be disclosed<\/strong>, AD Ports said it has earmarked USD 120 mn for technical and market studies and infrastructure development for the first phase. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More development with Hassan Allam Holding: <\/strong>\u201cThe development of phase 1 will be anchored by key potential clients and partners, including one of the region\u2019s foremost construction and development groups, Hassan Allam Holding,\u201d the AD Ports statement read. AD Ports and Hassan Allam Holding also inked an MoU to \u201cdevelop and invest in the industrial zone and explore other projects.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cKEZAD East Port Said is a milestone that highlights the strong economic relations between the UAE and Egypt. In line with the vision of our wise leadership, this strategic cooperation is another sign of our Group\u2019s growing focus on Egypt, where we continue to enhance and develop our integrated trade, transport, and industrial ecosystem, offering clients unparalleled end-to-end solutions and services,\u201d AD Ports CEO Mohamed Juma Al Shamisi said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports loves Egypt: <\/strong>Last year, AD Ports <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9face794-e574-4fde-8007-b955053d60fc\/china%25e2%2580%2599s-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024.-plus:-ad-ports-to-take-over-three-tourism-terminals,-taba-maritime-port-construction-to-start-2024-or-2025\" style=\"\" rel=\"noopener\">inked two 30-year concession agreements<\/a> with the SCZone to develop, manage, and operate a roll-on, roll-off ship terminal and a cruise terminal in Ain Sokhna Port. And more recently, the group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e86ed66b-36b9-4c2d-b67f-9e3fb716326b\/%253cmark%253ead-ports%253c%2Fmark%253e-eyes-alexandria-logistics-hub-project\" style=\"\" rel=\"noopener\">inked an MoU<\/a> with the Transport Ministry to explore joint development and operations of a 1.1 sq km integrated logistics park in Alexandria Port. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction is expected to kick off by the end of 2025<\/p>\n","protected":false},"author":1,"featured_media":664646,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[8237],"tags":[299,72,145,416,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-664645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-adq","tag-enterpriseam","tag-logistics","tag-suez-canal-economic-zone","tag-uae","wpautop","entry"],"acf":{"mongo_id":"6e52c19b-f03e-4028-8aac-319a2bee5621","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/196.jpg","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports signs 50-year agreement to develop Kezad East Port Said Zone","related_issue":[664640],"teaser":"Construction is expected to kick off by the end of 2025","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.2b2c1d2d-67e8-487a-a261-7e3f2ced3821.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AD Ports signs 50-year agreement to develop Kezad East Port Said Zone - 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\/2025\/05\/05\/ad-ports-signs-50-year-agreement-to-develop-kezad-east-port-said-zone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AD Ports signs 50-year 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The center will offer services including loading and unloading ships, storage and renting out\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621518,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egypts-sczone-signs-agreement-with-sesco-trans-to-operate-piers-in-canal\/","url_meta":{"origin":664645,"position":4},"title":"Egypt\u2019s SCZone signs agreement with Sesco trans to operate piers in canal","author":"enterpriseam admin","date":"11 November 2018","format":false,"excerpt":"The Suez Canal Economic Zone (SCZone) has signed an agreement with port operator Sesco Trans to operate new piers in the canal zone area, SCZone Chairman Mohab Mamish said, without revealing details of the agreement. The SCZone is also in talks with shipping lines CMA and PSA to operate in\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610026,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/14\/dp-world-to-start-building-sokhna-port-logistics-zone-this-month\/","url_meta":{"origin":664645,"position":5},"title":"DP World to start building Sokhna port logistics zone this month","author":"enterpriseam admin","date":"14 November 2023","format":false,"excerpt":"The company has so far invested USD 1.3 bn to develop the Ain Sokhna port","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/685.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=664645"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664645\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/664640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/664646"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=664645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=664645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=664645"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=664645"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=664645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}