Egypt has signed a shareholders agreement to establish the Alexandria Supply Chain Company, which will develop a permanent marine facility at Dekheila Port in Alexandria. The project, with a total investment of $660 million, will be fully funded by national capital.
The venture is a collaboration between public sector entities, including Sidi Kerir Petrochemicals Co (Sidpec), the Egyptian Natural Gas Company (GASCO), and the Egyptian Petrochemicals Holding Company (ECHEM), along with the private sector’s Gamma Construction Company.
The new facility aims to address the current and future raw material needs of existing petrochemical companies in Alexandria and support new projects under Egypt’s national petrochemical industry plan.
ECHEM Chairman Ibrahim Mekki detailed that the facility will feature two 400-meter-long sea berths with a depth of 20 meters. It will also include a 400,000-square-meter area for storage warehouses, gasification units, and other essential services.
This setup will accommodate large tankers of up to 300,000 tons and handle up to 5 million tons of materials annually, significantly boosting Egypt’s infrastructure for global trade and logistics.