The agreement was signed between Waleid Gamal El-Dien, chairman of the General Authority for the SCZONE, and Major General Eng Mokhtar Abdel Latif, chairman of the Arab Organization for Industrialisation (AOI) at SCZONE’s headquarters in the New Administrative Capital for two new logistics projects.
The consortium brings together the AOI, United Egy Group from Egypt, and Turkiye-based Sigma Logistics & Containers and Logitrade. Under the joint venture ‘SIGMA Egypt,’ the partners will operate two customs-bonded yards providing container storage, handling, and repair alongside other value-added logistics services.
Spanning a combined area of 100,000 square metres, the projects will allocate 50,000 square metres to Qantara West—becoming the 33rd investment project in its industrial zone—and another 50,000 square metres to Sokhna. The $4.2 million investment (EGP 203 million), entirely self-financed, is expected to generate about 100 direct jobs.
“These two projects reflect the growing confidence of investors in SCZONE and highlight its pivotal role in attracting advanced logistics investments that serve regional and international trade. Establishing customs bonded container yards in Qantara West and Sokhna marks a qualitative leap in logistics integration within SCZONE, reducing supply chain costs, improving container handling efficiency, and creating new jobs. SCZONE is committed to reinforcing its position as a global hub for supply chains, manufacturing, and logistics services, in line with Egypt’s national strategy to become a leading logistics platform connecting the world’s continents,” said Gamal El-Dien.
He further said that through these projects, SCZONE aims to deliver value-added services for shipping lines and benefit from Egypt’s advanced infrastructure of roads and ports. This will support investors in SCZONE’s industrial zones, enhance product flows, and strengthen SCZONE’s role in serving both transit trade and industrial projects. “Such projects align with global trends in the shipping and logistics industry, especially the rising demand for integrated storage and handling solutions,” added Gamal El-Dien.
“We highly value this fruitful cooperation with SCZONE, leading Turkish companies, and Egypt’s private sector. This cooperation and industrial integration in the container manufacturing project represent a strategic step with positive impacts on supporting the national industry and strengthening the Egyptian economy by reducing import dependency and adhering to global quality standards. The Arab Organization for Industrialization has advanced manufacturing capabilities and highly qualified human resources, enabling it to play an active role in this promising project, which will also enhance trade exchange and open new export markets to regional and global destinations,” said Latif.
“It is worth noting that these projects align with Egypt’s strategic vision to foster sustainable development and attract investments in the logistics sector. They leverage SCZONE’s strategic ports, which are fully integrated with its industrial zones and serve as key gateways for global trade and comprehensive logistics services,” he added.
ALCHEMPro News Desk (SG)
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