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UAE giant to develop gigantic Suez Canal Zone in 50-year deal - Egypt Independent
- On May 4, 2025, Abu Dhabi Ports Group and Egypt's Suez Canal Economic Zone entered into a 50-year agreement to establish a 20-square-kilometer industrial and logistics park located to the east of the city of Port Said.
- The agreement followed AD Ports’ recent regional expansion through acquisitions and strategic investments in Egypt’s maritime sector since 2022.
- Named Kizad East Port Said, the project will start with a 2.8-square-kilometer first phase including a 1.5-kilometer quay, aiming to enhance manufacturing, trade, and logistics between East and West.
- AD Ports pledged $120 million for initial development and feasibility studies, while the project will pay 15 percent of internal revenue as usufruct fees to Egypt and offer tax incentives to investors.
- This infrastructure investment aims to boost Egypt’s role in global trade corridors and represents a major step in UAE-Egypt economic cooperation supporting long-term growth.
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12 Articles
Cairo, AD Ports probe energy, logistics co-operation - Egyptian Gazette
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed Mutawa, Regional CEO of Abu Dhabi Ports Group, to discuss enhancing co-operation in energy, mining, and logistics. The minister congratulated the group on its recent agreement with the Suez Canal Economic Zone to develop the Kezad East Port Said area. Badawi highlighted Egypt’s investment potential in petroleum and mineral resources, supported by the ministry’s curre…
AD Ports agrees to set up logistics zone in Egypt - Maritime Gateway
In order to establish a 20 square kilometer logistics and industrial zone east of Port, AD Ports Group has inked a 50-year concession agreement with Egypt’s Suez Canal Economic Zone. The industrial and logistics zone will be developed, constructed, financed, operated, and managed in phases by AD Ports Group, as per the agreement. In the first phase, which will take place over three years and encompass an area of 2.8 square kilometers, the busine…
Suez Canal Authority, Argentine ambassador discuss cooperation in dredging, navigation technology
Chairperson of the Suez Canal Authority (SCA), Osama Rabie, met on Monday with Argentine ambassador to Cairo, Holger Martinsen, to explore avenues for bilateral cooperation, particularly in dredging operations and advanced navigation systems. At the outset of the meeting, Rabie expressed appreciation for the growing ties between Egypt and Argentina, and conveyed
Abu Dhabi Ports and Suez Canal Authority Partner for Strategic Logistics Hub – The Middle East Observer
Abu Dhabi Ports is set to develop a sprawling industrial and logistics zone, “Kizad East Port Said,” under a landmark 50-year renewable concession with the Suez Canal Authority Economic Zone. This ambitious project is poised to further transform the Mediterranean city of Port Said into a pivotal trade and logistics hub. The agreement, signed last […]
AD Ports strikes deal to set up logistics zone in Egypt
Abu Dhabi-based ports and logistics giant AD Ports Group has signed a 50-year concession deal with Egypt’s Suez Canal Economic Zone to set up a 20 sq km logistics and industrial zone east of Port Said on the Mediterranean Sea. Under the agreement, AD Ports Group will develop, build, finance, operate, and manage the industrial …
The UAE-based Abu Dhabi Ports Group has acquired a 20-square-kilometer logistics area in the industrial zone of East Port Said, Egypt, under a $120 million deal signed with the Suez Canal Economic Zone. The Egyptian government said the aim is to boost trade and investment at the northern entrance to the Suez Canal. The agreement, signed in the presence of Prime Minister Moustafa Madbouly, grants Abu Dhabi Ports a 50-year usufruct right – renewab…
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