DP World has announced that it has reached a ‘major milestone’ in the development of Sokhna Logistics Park in Egypt, with 65% of the first phase now complete.
The logistics park spans 300,000m² (c. 3.2 million ft²) and is located in the Suez Canal Economic Zone (SCZONE), 10km from Sokha Port in Ain Sokha. DP World says that the US$80 million scheme is designed to support a range of industries including agriculture, pharmaceuticals, retail, automotive and textiles.
It is set to feature bonded and non-bonded warehouses, office space, and open cargo and container yards, which DP World says will support logistics activities including warehousing, freight forwarding, customs clearing, and value-added services like labelling, coding, sorting, packing and inspection.
Ranjit Ray, senior vice president of economic zones for the MENA region at DP World, commented: “We are pleased with the progress made so far and remain focused on completing the first phase within the next few months.
“The facility will support a wide range of cargo across imports, exports, and transit, and will be integrated with DP World’s operations at Sokhna Port, offering a full range of multimodal supply chain services, including freight forwarding and logistics solutions.
“Coupled with access to DP World’s global trade infrastructure network, this will provide cost-effective supply chain solutions for both local and international businesses.”
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