Egypt’s TMT invests EGP 150 mn into customs station at Alexandria Port

Egypt’s Trans Misr for Transport and Trade (TMT) has launched EGP 100 mn first phase of its new customs station for empty containers at Alexandria Port, according to a statement. The firm has invested a total figure of EGP 150 mn into the station, with EGP 50 mn earmarked for the second phase of the project.

What we know: The Hossni El Antably storage facility’s first phase spans some 7.5k sqm with a handling capacity of up to 1.5k containers. The second phase of the facility is slated to add an additional 3k sqm to the project site and is slated for operations in 1Q 2025. It will be dedicated to consolidating containers (LCL), full container loads (FCL), storing non-duty-paid goods for customers, and container maintenance and repair.

About TMT: Founded in 1971, the firm offers comprehensive logistics services across all Egyptian ports and airports. The company currently holds 75 pieces of equipment, including heavy transport vehicles, machines and cranes.