BUYUSA.GOV -- U.S. Commercial Service

Egypt Local time: 04:23 PM

Port Development Services (ACE)

Overview

. 2005 2006 2007 (estimated)
Total Market Size 803 883 891
Total Local Production 602 662 728
Total Exports 0 0 0
Total Imports 201 221 242
Imports from the U.S. 50 55 60

(Exchange rate used: 1 USD = LE 5.75.  Values are in millions of U.S. Dollars.  Figures listed are unofficial estimates.)

Until recently, port services in Egypt were almost entirely controlled by public sector entities.  This state-owned management resulted in increased overhead for both exported and imported commodities, thus making Egyptian products less competitive in international markets in addition to increasing the final costs for imported goods.  The private sector is now allowed to participate in shipping services, including shipping agencies, warehousing, onshore stevedoring, and container handling.

Best Products/Services

  •  Establishment of ports and marinas on a BOT/BOOT Basis, including specialized terminals for oil, chemicals, molasses, lumber, and coke.
  • Container terminal construction and operation.

Opportunities

Marketing of two new ports recently inaugurated: the Ain Sokhna Port, and the Suez Canal Container Terminal of the East Port-Said Port. Concessions exist for operating and managing a new passenger and train terminal at Port of Alexandria.

Resources

Commercial Service in Egypt: http://www.buyusa.gov/egypt/en/
U.S. Embassy: http://usembassy.egnet.net
USAID: http://www.usaid-eg.org/
World Bank: http://www.worldbank.org/
American Chamber of Commerce in Egypt: http://www.amcham.org.eg
Egyptian Government Web Portal: http://www.egypt.gov.eg/english/

Contact for the Commercial Specialist in charge of the Port Development Services Sector: John Abdelnour, john.abdelnour@N0SPAM.mail.doc.gov