Djibouti and Egypt have signed three cooperation agreements covering solar energy, port infrastructure, and logistics services, following an official visit to Djibouti by Egyptian Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir.
The Egyptian delegation held talks with Djibouti’s Minister of Infrastructure and Transport Hassan Houmed Ibrahim, as well as the Chairman of the Djibouti Ports and Free Zones Authority Aboubaker Omar Hadi.
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.
Speaking at the signing ceremony, Al-Wazir said: “Djibouti and Egypt are two brotherly countries. These agreements reflect the strengthening of our fraternal ties and the shared desire to deepen cooperation between our two nations.”
For his part, Aboubaker Omar Hadi emphasized Djibouti’s strategic location at the gateway to the Red Sea, noting that the country will continue to reinforce its role in promoting regional economic growth through port infrastructure development and strategic partnerships.
