Logistics (MENA) 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Climate (MENA) 
Share
Egypt inked a raft of agreements with French companies and the EU, advancing projects across different sectors, including rail, logistics, and green hydrogen, according to statements here, here, and here. The agreements were signed on the sidelines of French President Emmanuel Macron’s official visit to Cairo, which also witnessed the signing of a strategic partnership agreement between the two nations.
GREEN HYDROGEN-
Green hydrogen plan for the shipping industry: A consortium of France’s EDF Renewables and Egyptian-Emirati firm Zero Waste inked a cooperation agreement with Egypt’s Red Sea Ports Authority and the New and Renewable Energy Authority to finance, develop, and operate a EUR 7 bn green hydrogen plant in Ras Shukeir. Production will be earmarked for ship fuelling and exports to international markets.
There’s more: The consortium will also finance and develop a loading dock for the Red Sea Ports Authority and install the necessary utilities. It will also set up a desalination plant to supply the facility.
About the project: The project will have an annual production capacity of 1 mn tons of green ammonia when fully operational in early 2029 — production will be split between the local market and exports. The first of the project’s three phases will cost some EUR 2 bn and will produce 300k mn tons of green ammonia annually.
RAIL AND LOGISTICS-
#1- Financing for a freight corridor: The Robeiky-Tenth of Ramadan-Belbeis freight and passenger railway line will receive EUR 70 mn in financing and an EUR 800k grant from the French Development Agency (AFD). The French financing marks the second sovereign loan secured by Egypt to support the project after the European Bank for Reconstruction and Development’s EUR 35 mn loan announced last month. The project is planned for implementation in collaboration with AFD and is forecasted to cost some USD 285 mn.
#2-French rolling stock company Alstom inked a land usufruct agreement with the General Authority for Land and Dry Ports for its Borg El Arab railway manufacturing complex, according to a statement. The agreement officially provides Alstom with a 40-feddan plot of land for the complex, which is, so far, planned to host two factories that will manufacture components for Cairo Metro Line 6 and cables. Production is planned for 1Q 2027 and will target local demand and exports to the Middle East and Africa.
ICYMI- Egypt approved Alstom’s railway manufacturing complex project earlier in March. The government also granted the project a ‘private freezone’ designation.
