Maritime Cooperation Between Egypt and Greece Investment Opportunities
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Maritime Cooperation Between Egypt and Greece Investment Opportunities Presented by: R.Adm. Tarek Ghanem Nov. 2016 President, Egyptian Maritime Transport Sector Agenda • Egypt as a Maritime Country. • Investment Opportunities in Egyptian Ports. • Investment Opportunities in Suez Canal Economic Zone. • Maritime Cooperation Between Egypt and Greece. P.2 P.3 Geographic Location |Egypt as Maritime Country The Arab Republic of Egypt has a unique geographic location on the crossroads of three continents. Its coasts extend over 2000 nm on the Mediterranean and Red Sea connected by Suez Canal that is considered one of the most important waterways linking the East to the West, which enabled Egypt to maintain a great connectivity with the whole world since old ages. Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.4 Egyptian Seaports (commercial and specialized) |Egypt as Maritime Country Mediterranean Sea Egypt has 15 commercial seaports on the Mediterranean and Red Sea, the most important of which are Alexandria, Damietta, East Port Said and El Sokhna in addition to 28 specialized ports in the field of oil, mining, tourism and fishing. Commercial ports Specialized ports Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.5 Navigation in the Egyptian Regional Waters |Egypt as Maritime Country El Borolos Mediterranean Sea El Arish Mediterranean 8 coastal lighthouses Rashid Damietta Ras Shokik Port Said El Sokhna Red Sea Ras El Tin 7 coastal lighthouse Agami Ibn EL Dorg 4 remote lighthouses Kad ben El Zaafarana Hadan Ras Ghareb Om El Sayed Ras Shokeir Coastal Lighthouse Shaker El Ashrafi Egypt gives due concern to the development of its waterways in order to ensure the safety of navigation according to the international standards. It applies the latest technological systems such as Vessels Traffic Information Management System (VTIMS) and Search El Akhawein and Rescue (SAR) in addition to the existence of 19 lighthouses in the Mediterranean and the Red Sea. Abu El Kizan Distribution of Lighthouses on Egyptian Coasts Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.6 Navigation in the Egyptian Regional Waters |Egypt as Maritime Country Mediterranean Sea Vessel Traffic Information Management System (VTIMS) Alexandria Ras El Adabeya Ras Abu Zneima El Ein El Sokhna Ras Abu El Dorg El Zaafarana Ras Rawahmi Kad ben Hasan Ras Ghareb Ras Shokeir VTIMS Gabal El Zeit Sharm El Sheikh 5 main locations 8 subsidiary locations Safaga Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.7 Navigation in the Egyptian Regional Waters |Egypt as Maritime Country The Search and Rescue System provides all the necessary facilities to enable the efficient management of any maritime casualty crisis according to the international conventions related to maritime safety. The system receives the distress signals from the vessel and Search and Rescue starts immediately to search and locate the vessel to provide the System necessary help. The system uses all the capabilities of VTIMS in (SAR) order to efficiently perform the search and rescue tasks in the Gulf of Suez, South of the Gulf of Aqaba and North of the Mediterranean. Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.8 Navigation System in Suez canal |Egypt as Maritime Country 3D Egypt gives due concern to the development of seaports and waterways, and also accords a great interest to secure the navigationMain in ObjectivesSuez Canal as an of important the New waterway Suez linking Canal the East to the West. Number• Reducing of Convoys the : 2transit time from 18 hrs to 11 hrs for Southbound Convoy. • •MinimizingSouthbound Convoy.the waiting Gathering time starts to at be 2300 3 hrs inat the most waiting instead area off Port of 8Said-11 Porthrs. to start entering Suez Canal from 0330 • Northbound Convoy. Gathering starts at 2300hrs in the waiting area off Suez port to start entering Suez Canal from 0400hrs. • Increasing the capacity of the Canal to be 97 vessels in 2023 instead of 49 vessels. The• Direct Permissible unstopped speed: transit for 45 vessels in the two directions and stepping up the permissible draft 16km/hr for ordinary vessels to 66ft 14allkm/ throughhr for tankers the Suez Canal • •AllSuez of Canalthe above is equipped will with cut different down navigational the trip costs.aids • The safety of LNG, LPG and tankers is enhanced with the tugs of Suez Canal Authority. Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.9 P.10 Investment Opportunities in Alexandria Port Dekheila Port Alexandria Port Dry Bulk Terminal Area 340000m2 Multi Purpose Length 600m Terminal 2 Depth 15-17m Area 550000m Capacity 6 million tons Length 2060 m Depth 14-17m Capacity 12-15 million tons Logistic and Agri- food Center Area: 1.7 million m2 Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.11 Investment Opportunities in Damietta Port Authority New Container Terminal - Area: 500.000m2 - Length: 1300m - Depth: 17 m - Capacity: 2 million TEUs First Phase 500m 800m New Container Terminal Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.12 Fully Integrated Container 1 Terminals Area 800,000 M2 2 Length 1500 M 3 2 Multi-Purpose Terminal Area 700,000 M2 1 Length 1650 M 4 3 Liquid Bulk Terminal Area 425,000 M2 Length 950 4 Logistics Area Area 7 km2 Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.13 1 Container Terminal 1 2 3 2 Liquid Terminal Area 120,000 M2 Length 600 M 4 3 Dry Bulk Terminal 1 4 Dry Bulk Terminal 2 Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.14 1 Container Terminal Container Terminal Area 200,000 M2 1 Length 500 M Multi-purpose 2 Terminals 2 Multi Purpose Terminal Area 700,000 M2 Length 2000 M Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.15 Investment Opportunities in Red Sea Ports Multi Purpose Terminal (Safaga Port ) Future Multi Purpose Multi Purpose Terminal Terminal Multi Purpose Terminal Area 200,000 m2 Length 600-800m External Road Depth 14m Capacity 200,000 TEUs 1.5 million tons Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.16 P.17 Investment Opportunities in Industrial Zones (Suez Canal Economic Zone) East Port Said • Logistic Services, distribution centers • Light and medium industries (Petrochemicals , cars) Qantara • Industrial Zone • Fish Farms 4 Industrial Zones • Light industries such as • Residential and Recreational areas 2 clothes and food Total Area 461 km • Value added industries Technology Valley • IT Industry • Scientific and Researches activities • Light and medium industries • Commercial and Service activities • Recreational and sport activities • Residential areas El Ein El Sokhna • Ship building, bunkering, recycling • Light, medium, heavy industries • Tourism and commercial projects Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.18 P.19 Egypt and Greece have remarkable maritime potentials which led to the establishment of close relations between the two countries in the field of maritime transport and a maritime transport agreement was signed in 1981 Within the framework of the enhancement of strategic partnership between Egypt and Greece, the cooperation between the ports of the two countries were activated and four MOUs were signed between Alexandria/ Piraeus, Alexandroupolis, Kavala and Damietta /Alexandroupolis. The MOUs include , inter alia, port management and operation and raising the capabilities of the human element Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.20 The most important targeted project currently under study: .The reactivation of cruises between the two countries through the operation of a cruise line passing by 6 ports called Alexander the Great Cruise : Beirut (Lebanon), Limassol (Cyprus), Alexandroupolis (Greece) , Heraklion (Greece) – Port Said (Egypt) Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.21 Based on the natural resources of the two countries and the strong historical relations between them, we hope that through this forum we can consolidate the cooperation relations in the field of maritime transport through the establishment of joint shipping companies and the use of available investment opportunities in seaports and Suez canal economic zone. Nov. 2016 Maritime Cooperation between Egypt and Greece - Investment Opportunities Agenda P.22 Thank You .