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Three projects in Egypt’s West Port Said Port go live: Egypt’s Prime Minister Moustafa Madbouly cut the ribbon on a dry bulk wheat terminal, a liquidated bulk terminal, and the newly renovated Abbas Berth at West Port Said Port over the weekend. Here’s what we know about each of the projects:
#1- The dry bulk wheat terminal: Prime Minister Moustafa Madbouly inaugurated a EGP 1 bn dry bulk wheat terminal in West Port Said Port, according to a statement released on Saturday. The terminal includes eight silos with a 100k tons storage capacity and can handle up to 36 ships annually.
Part of a wider strategy: The project broke ground in 2021 as part of the state’s ongoing efforts to expand its wheat storage capacity and reduce waste. It was designed to ease pressure on existing port silos in Damietta, Dekheila, Alexandria, and Safaga and was backed by USD 538 mnin food security funding from the UAE, the Saudi Fund for Development, France, and multilateral lenders.
In numbers: The silos will increase the country’s annual wheat handling capacity by up to 2 mn tons, reduce wheat losses, and speed up ship unloading and storage times, Rowad said in a press release.
East Port Said project up next: Rowad CEO Mohamed Mahlab said the company is building another grain silo project in East Port Said with a capacity of 120k tons. He added that Rowad is looking into setting up similar projects across the Middle East and Africa.
#2- A new liquid bulk terminal: Madbouly also inaugurated a EGP 1.6 bn liquid bulk terminal — operated by local chemicals storage player New Horizon Tank Terminal — at West Port Said Port, according to a separate statement.
The details: The terminal — which spans 15.7k sqm — includes 27 tanks with a total storage capacity of 51.2k cbm. The facility is designed to accommodate liquid bulk vessels with capacities of over 20k tons, and is expected to handle 310k tons annually. The terminal is projected to receive between 48 to 70 vessels each year.
#3- Abbas Berth reopened following upgrade: Madbouly inaugurated the upgraded Abbas Berth at West Port Said Port after it underwent a EGP 1.8 bn overhaul, according to another statement. The 670-meter-long revamped berth can now receive vessels at a depth of up to 14 meters — enhancing the port’s operational efficiency. It also comes with a new 18k sqm back area with an 8-ton/sqm load capacity.
