{"id":685113,"date":"2026-02-24T00:00:00","date_gmt":"2026-02-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/"},"modified":"2026-02-24T00:00:00","modified_gmt":"2026-02-24T00:00:00","slug":"damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/","title":{"rendered":"Damietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders"},"content":{"rendered":"

The state is earmarking EGP 8 bn to develop Damietta Port <\/strong>ahead of opening <\/strong>up the dock to international management tenders and a future public offering<\/strong>, a government official tells EnterpriseAM. A EGP 6 bn new grain and bulk commodities terminal and a EGP 2 bn 2.5 mn sqm multi-purpose terminal under the name Tahya Misr 2 will be built by the Suez Canal Authority\u2019s Harbor and Great Projects Company, while the second phase of the logistics zone at the port will be built by the Holding Company for Roads, Bridges and Land Transport Projects, we were told.<\/p>\n

Why it matters:<\/strong> By fronting the money for the two developments, the government is de-risking the projects for global port giants (like DP World or AD Ports) that are increasingly hesitant to take on greenfield construction risks in the current macro environment. This approach to building up state assets and cleaning up balance sheets before a sale or inviting the private sector to take on management to get a better price is illustrative of the state\u2019s broader approach to divestment.<\/p>\n

The development follows the port\u2019s USD 600 mn Tahya Misr 1 terminal project<\/strong>, which demonstrated the state\u2019s ability to attract foreign direct investment into the sector, Chamber of Transport and Logistics Secretary-General Amr El Samadony tells EnterpriseAM. The further two projects will continue to support the country\u2019s efforts to attract global alliances and establish itself as a global logistics hub, he added.<\/p>\n

What\u2019s next? <\/strong>Once the development works are completed, international alliances will be invited to participate in a global tender for the management and operation of the newly developed terminals, the government official tells us.<\/p>\n","protected":false},"excerpt":{"rendered":"

Once the projects are completed, international alliances will be invited to participate in a global management and operation tender<\/p>\n","protected":false},"author":1,"featured_media":685114,"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":[72,7111,145,8835],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-685113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-enterpriseam","tag-infrastructure","tag-logistics","tag-maritime","wpautop","entry"],"acf":{"mongo_id":"e42219ba-92bd-4b9f-b66a-18fcaf964236","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/940.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The state is fronting EGP 8 bn to make Damietta Port tender-ready","related_issue":[685105],"teaser":"Once the projects are completed, international alliances will be invited to participate in a global management and operation tender"},"yoast_head":"\nDamietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders - 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\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders\" \/>\n<meta property=\"og:description\" content=\"Once the projects are completed, international alliances will be invited to participate in a global management and operation tender\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-24T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Damietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders\",\"datePublished\":\"2026-02-24T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\"},\"wordCount\":290,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"infrastructure\",\"logistics\",\"maritime\"],\"articleSection\":[\"Logistics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/damietta-port-to-get-egp-8-bn-for-new-grain-and-multipurpose-terminals-ahead-of-international-management-tenders\/\",\"name\":\"Damietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders - 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A company delegation met with Damietta Port Authority head Ayman Saleh, who accompanied them as they inspected the grain handling stations the port plans to tender. The Damietta Port\u2026","rel":"","context":"In "Infrastructure"","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":558472,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/egypt-to-build-egp-2-2-bn-bulk-grain-terminal-in-east-port-said\/","url_meta":{"origin":685113,"position":1},"title":"Egypt to build EGP 2.2 bn bulk grain terminal in East Port Said","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"Two commodity trading houses have signed a contract with the Egyptian government to build an EGP 2.2 bn bulk grain terminal in East Port Said, the Madbouly cabinet said in a statement on Monday. Emirati company Rosa Grain and local firm Roots Commodities were chosen from among four local and\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/146.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631740,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/26\/govt-breaks-ground-on-egp-1-3-bn-multipurpose-platform-in-damietta-port\/","url_meta":{"origin":685113,"position":2},"title":"Gov\u2019t breaks ground on EGP 1.3 bn multipurpose platform in Damietta port","author":"enterpriseam admin","date":"26 March 2018","format":false,"excerpt":"The government broke ground yesterday on the EGP 1.3 bn multipurpose platform at Damietta Port, Ahram Gate reports. The project, which is expected to increase cargo handling by 4 mn tonnes and generate an annual EGP 160 mn in revenues, is set to be completed within 18 months. Meanwhile, the\u2026","rel":"","context":"In "Infrastructure"","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":645085,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/transport-ministry-eni-begin-establishing-logistics-station-at-damietta-port\/","url_meta":{"origin":685113,"position":3},"title":"Transport Ministry, Eni begin establishing logistics station at Damietta Port","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"The Transport Ministry and Eni began working on establishing a logistics center and storage areas at the Damietta Port, port chairman Ayman Saleh says, according to Al Masry Al Youm. The new facilities will serve the ground pipeline set to connect the Zohr gas fields to the port\u2019s processing plant,\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":672923,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/02\/emirati-port-operator-eyes-usd-1-bn-investment-in-our-ports\/","url_meta":{"origin":685113,"position":4},"title":"Emirati port operator eyes USD 1 bn investment in our ports","author":"enterpriseam admin","date":"2 October 2025","format":false,"excerpt":"PLUS- Cairo House Egypt is in line for a EGP 15 bn loan for its Mogamma revamp","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1673.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577308,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/east-port-said-port-is-getting-even-bigger-thanks-to-sky-investments-reliance-logistics\/","url_meta":{"origin":685113,"position":5},"title":"East Port Said port is getting even bigger thanks to Sky Investments + Reliance Logistics","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"A consortium of our friends at Sky Investments alongside Reliance Logistics will establish a USD 65 mn multi-purpose terminal at East Port Said port under a contract signed with the Suez Canal Economic Zone yesterday. The companies will be responsible for the \u201cdesign, construction, management, operation and maintenance\u201d of the\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/276.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\/685113","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=685113"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/685113\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/685105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/685114"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=685113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=685113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=685113"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=685113"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=685113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}