A consortium comprising Toyota’s trading arm Toyota Tsusho, Japanese shipping line NYK (Nippon Yusen) and French transport services company Bolloré Africa Logistics have agreed with the Suez Canal Economic Zone’s general authority to develop and operate a dedicated automotive terminal at East Port Said in Egypt. Therefore, a dedicated automotive terminal is required to overcome Alexandria’s limitations and meet the country’s increasing demand for vehicles as its economy and population grow, said Toyota Tsusho. It will be Egypt’s first exclusive ro-ro terminal and large enough to allow two large pure car and truck carriers (PCTCs) to berth simultaneously. It will also have storage capacity for around 10,000 vehicles over 21.2 hectares, sufficient to meet increasing future demand. Consortium members will form a joint operating company with the target of starting to operate the terminal by the end of 2021.

Source: The North Africa Journal February 04, 2020 12:11 UTC