Beit Logistics has formalized a land-use agreement with the Golden Triangle Economic Zone Authority to establish an Integrated Logistics Center in Safaga. The first phase of this strategic project represents a total investment of over EGP 500 million (approximately $10.5 million USD).
A Comprehensive and Eco-Friendly Logistics Hub
The new logistics complex will be built on 15 feddans (around 65,000 sqm) and is designed as a complete logistics platform, featuring state-of-the-art warehouses, container maintenance and repair facilities, and a low-impact, environmentally friendly transport fleet.
Medhat El Kady, Vice Chairperson of Beit Logistics, emphasized that the project aligns with Egypt’s national ambition to position the private sector as a key driver of sustainable development. He noted that the Safaga Logistics Center is intended to serve as a model for green logistics, incorporating solar energy systems and sustainable building standards to support the country’s environmental goals.
Site Features and Economic Impact
The facility will include several key components:
- 16,000 sqm of high-ceiling warehouses,
- 50,000 sqm cargo yard, capable of handling 100,000 TEUs annually,
- a fully equipped administrative and control center, featuring digital inventory management tools, repair services, and advanced environmental monitoring systems.
The initiative will also generate local employment, with an estimated 350 direct and indirect jobs for residents of the Red Sea governorate.
The Safaga Logistics Center is strategically designed to complement the existing Safaga Port as well as the national logistics network managed by the Ministry of Transport. This development will strengthen Egypt’s position as a major regional hub for trade and logistics, serving both the Red Sea and Upper Egypt. El Kady also expressed gratitude to Haddara for his support and vision in bringing the project to fruition.
