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Egypt's FM discusses Maersk investment expansion
Published in Amwal Al Ghad on 13 - 05 - 2025

Egypt is seeking to deepen its strategic partnership with Danish shipping giant A.P. Moller–Maersk, prioritising green shipping corridors, port infrastructure, and clean fuel investment, Foreign Minister Badr Abdel-Atty said following high-level talks held Tuesday in Cairo.
The meeting builds on momentum from President Abdel Fattah El-Sisi's state visit to Denmark in December, which established a new strategic cooperation framework between the two countries.
Minister Abdel-Atty praised Maersk's long-standing presence in Egypt and urged the company to scale up its investments, particularly in sustainable port development and ship recycling facilities — key elements of Egypt's ambition to become a regional clean energy and logistics hub.
"We welcome Maersk's role in transforming East Port Said into a global container gateway for the East and South Mediterranean," Minister Abdel-Atty said, referencing ongoing expansions at the Suez Canal Container Terminal (SCCT), which Maersk operates through a joint venture.
Maersk executives briefed the minister on preparations for the upcoming opening of its new terminal in East Port Said. Minister Abdel-Atty reaffirmed Egypt's full support for the company's operations, highlighting incentives for foreign investors and the strategic advantage of the Suez Canal Economic Zone, which offers integrated industrial and logistical infrastructure.
Talks also covered the Red Sea security outlook, where Abdel-Atty said a ceasefire agreement in Yemen brokered with U.S. support marked a key step toward stabilizing maritime routes. He expressed optimism that shipping flows in the region would normalize soon, easing pressure on global supply chains.
Egypt is seeking to attract more investment into its logistics, energy, and maritime sectors as part of its broader push to localize clean fuel industries and expand its footprint in global trade.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser


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