AD Ports Group to develop logistics hub in Egyptian Alexandria

AD (Abu Dhabi) Ports Group has signed  with Egypt’s Ministry of Industry and Transport to explore the joint development and operation of a 1.1 sq km integrated logistics park at Alexandria Port. In collaboration with HCMLT, the project aims to establish one of the Mediterranean’s largest logistics hubs. Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said, “AD Ports Group partners with governments for the long-term development of their economies, inspired by the vision of our wise leadership. We are working with the Egyptian government to bring growth, jobs and prosperity to the people of Egypt. Today’s signing could lead to strategic infrastructure projects in the Mediterranean Sea region that would leverage Egypt’s global trade flows, driving economic growth and advancing the Group’s portfolio of value-added investments.’’