Company profile

Safaga Terminal Operating Company S.A.E.

Safaga Terminal Operating Company S.A.E. is an Egypt-based joint stock company specialising in port terminal operations and cargo handling services. Established in 2023 and headquartered in Safaga, Red Sea Governorate, the company operates under Egypt's private free zones system through a 30-year concession agreement with the Red Sea Ports Authority. The terminal is being developed to handle multipurpose cargo including containers, dry bulk, liquid bulk, and roll-on/roll-off vehicles. The company is majority-owned by AD Ports Group through consortium partners and is developing the first internationally-operated port terminal serving Upper Egypt. The USD 200 million facility will span approximately 810,000 square metres with annual handling capacity of 450,000 twenty-foot equivalent units of containers, 5 million tonnes of dry bulk and general cargo, 1 million tonnes of liquid bulk, and 50,000 car equivalent units for roll-on/roll-off operations.

Sector

Manufacturing and industrials / Shipping and Ports

Markets

Egypt

Ownership

Private

Source: Partner Researchers.