Egyptian Prime Minister Mostafa Madbouly said that the step comes with the aim of transforming Egypt into a regional center for transport, logistics and transit trade, adding that the project will contribute to enhancing the capacity of… Egypt It will be a central logistical area between… Europe And Africa, in addition to increasing and enhancing trade opportunities and supporting Egyptian exports of industrial products and agricultural crops by facilitating the access of the Egyptian product to European markets.
A statement by the Egyptian Council of Ministers added that the line will contribute to opening export markets for Egyptian exports of agricultural goods in the Italian and European markets, stressing that operating the first flights Egyptian-Italian RORO lineLast Sunday was an important day for the Egyptian maritime transport sector.
The Minister pointed out that this step represents the result of great efforts by the Egyptian and Italian sides to facilitate the sustainable operation of the RoRo line between Egypt andItaly To transport goods using refrigerated and dry trucks, to create a green corridor between the Arab Republic of Egypt and the Italian Republic, which embodies the distinguished relations between the political leadership and the peoples of the two friendly countries.
The Egyptian-Italian RORO line connects from the port of Damietta to the port of Trieste in Italy.
The first ship belonging to the shipping line for transporting goods (Ro-Ro) between the port of Damietta and the Italian port of Trieste arrived at the port of Damietta last Sunday, carrying 118 containers, transport trailers and equipment, with a total weight of 743.5 tons.
The Egyptian Council of Ministers indicated that the Ro-Ro line contributes to reducing the arrival time of goods to only two and a half days, compared to about 6 days, and the line is expected to contribute to increasing container traffic between Mediterranean ports by 3.5 percent annually until 2027.
The report indicated that the state provided incentives for the project to ensure continuity and economic operation, by reducing port fees by 88 percent, provided that the principle of reciprocity was applied, in addition to reducing traffic fees on Egyptian roads to $100 for both imports and exports instead of $300 and $350.
The report touched on efforts to develop Damietta Port within the framework of implementing an integrated logistics corridor, noting that the “Long Live Misr 1” container terminal is being constructed, which will have a capacity of 3.5 million equivalent containers, with berth lengths of 1,970 metres, explaining that the project comes within the framework of implementing the corridor. Integrated logistics (Tanta / Mansoura / Damietta), which will contribute to making Damietta Port a global center for transit trade.
The report stated that the multi-purpose station “Tahya Misr 2” is being constructed, and the length of its berths will reach about 3.4 km with a depth of 18 meters, while breakwaters with a length of 6,820 meters are currently being implemented to create the necessary floor space.
For its part, Fitch Agency stated that investments in container terminals and port expansions in the Mediterranean and Red Sea aim to strengthen Egypt’s position as a transshipment center and attract the interest of foreign companies.
