Mubasher: DP World Egypt joined forces with Elsewedy Industrial Development to establish an advanced cold storage facility in Al Oula Industrial City in 6th of October, with an investment of $29 million (EGP 1.42 billion).

Under the signed agreement, DP World aims to reinforce Egypt’s cold chain logistics capabilities, safeguard the quality of food products, and minimize waste, according to a press release.

The partnership will also empower exporters and manufacturers to compete more effectively in international markets.

This strategic alliance comes at a time when demand is surging locally and globally for modern, energy-efficient storage solutions, particularly across agri-exports and frozen food manufacturing sectors.

Strategically located in Elsewedy Industrial Development Park, the 16,194 sqm facility will feature eight independently controlled chambers with a total of 25,000 pallet positions for both chilled and frozen goods – including fruits, vegetables, and dairy products.  

Mohammad Shihab, CEO of DP World Egypt, highlighted: “By connecting seamlessly with our Sokhna Port, freight forwarding network, and the soon-to-be-completed Sokhna Logistics Park, we are delivering a fully integrated end-to-end logistics solution.”

“This investment will help exporters move goods more efficiently, reduce supply chain costs, and open new growth markets - supporting economic expansion, job creation, and Egypt’s long-term position as a competitive global trade hub,” he added.

Mohamed Al Kammah, CEO of Elsewedy Industrial Development, said: “The launch of this state-of-the-art cold storage facility, in collaboration with DP World, reaffirms Elsewedy Industrial Development’s commitment to providing different portfolio of clients that enhances the competitiveness of Egyptian exports in global markets.”