Egypt and Djibouti signed a raft of agreements to boost co-operation in the maritime transport and logistics domains.
Deputy Premier for Industrial Development and Transport and Industry Minister Kamel el-Wazir and Djibouti’s Infrastructure Minister witnessed the signing of the agreements.
In a statement on Sunday, the Transport Ministry said the agreements come as a result of President Abdel Fattah El Sisi’s visit to Djibouti n April.
Among the signed deals, the two sides inked an agreement pinpointing the terms for a new port terminal project — a multi-purpose terminal — between an Egyptian-led consortium headed by the Holding Company for Maritime and Land Transport and Green Horn Investment Holding.
The project establishes an Egyptian-Djiboutian partnership to develop and operate a new multi-purpose terminal intended to serve as a cornerstone for joint cooperation in international trade.
An additional agreement was signed between Elsewedy Electric, the Djibouti Ports and Free Zones Authority (DPFZA), and Khore Ambado Free Zone (KAF) in Djibouti to launch a regional logistics hub.
The project will be implemented by a consortium of the Holding Company for Maritime and Land Transport and Elsewedy Electric within Djibouti’s free zone, aiming to boost trade exchange and serve as a gateway to neighboring regional markets.
A terms and conditions agreement was also signed for the Green Port Solar Project between Elsewedy Electric and Doraleh Container Terminal Management (SGTG). The project is considered a cornerstone for ensuring the sustainability of operations at Doraleh Port, seeking to decouple energy costs from fluctuations in global fuel prices and provide a clean and stable power source for cranes and heavy equipment.
In statement, Wazir praised the historic and close fraternal relations between Egypt and Djibouti, as well as the positive and significant outcomes of President Abdel Fattah El Sisi’s landmark visit to Djibouti last April, which he said marked a new starting point for bilateral cooperation, particularly in priority sectors such as energy, infrastructure, industrial development and the green economy.
He noted that among the outcomes of the visit was the official opening of Banque Misr Djibouti on Nov. 3, 2025, followed by the inauguration of a solar power plant in the village of Omar Kaja in the Arta region of Djibouti earlier this week.
He reiterated Egypt’s commitment to closely following up on the implementation of the visit’s outcomes in line with the joint statement issued by the two presidents, through continuous coordination between relevant authorities in both countries.
