The logistics company Medlog of the shipowning group Mediterranean Shipping Company (MSC) won the tender international to build and manage a dry port and an area logistics in the City of Tenth Ramadan, located at 64 kilometers northeast of Cairo, which will occupy even areas respectively to almost 550 thousand square meters and over 500 thousand square meters. The planned investment is 100 million Dollars. The concession contract, with a duration of 30 years, is was signed on Thursday by the Egyptian Ministry of Transport, Kamel el Wazir. According to forecasts, the ability to containerized traffic of the inland port will be equal to 400 thousand teu per year.

On this occasion, the Minister also signed a memorandum of understanding with the Egyptian Ocean Express Shipping for the construction and management of another dry port in Borg Al Arab, 45 kilometres south-east of Alexandria, Egypt, on an area of 500 thousand square meters. Ocean Express Shipping represents in Egypt the Italian shipping company Ignazio Messina & Co. which is participated by the MSC group.