#Egypt #Osiris Phosphate #AD Ports Group #Lionsbridge Investments #Safaga

Lionsbridge Investments and AD Ports Group: A Strategic Partnership for Port Services

In a significant development for the Egyptian industrial landscape, Lionsbridge Investments Limited and AD Ports Group have officially signed a Memorandum of Understanding (MoU) aimed at enhancing port services and logistics infrastructure to support the Osiris Phosphoric Acid Facility in Safaga, Upper Egypt. This collaboration signifies a pivotal step towards improving the operational efficiency and environmental sustainability of exports from this crucial facility.

The MoU: A Framework for Cooperation

The newly established MoU lays a solid foundation for both organizations to engage in detailed assessments, design, and implementation of state-of-the-art maritime and logistics solutions. This partnership is not just about facilitating exports; it positions the Safaga area as a key logistics hub that bridges markets across Africa, the Middle East, and Europe, thereby enhancing global trade connectivity.

Advancing Egypt's Industrial Strategy

Crucially, this agreement aligns with ongoing discussions involving Lionsbridge Investments and key stakeholders within the Egyptian Government regarding the development of Osiris Phosphate’s USD 1.2 billion facility. This ambitious project is part of Egypt's broader strategy to bolster value-added industries, increase sustainable chemical production, and address global food security through improved fertilizer availability. The commitment to advancing these industries reflects a proactive approach to fostering economic growth and sustainability.

Leadership Perspectives

Ahmed Al Mutawa, the Regional Chief Executive Officer of AD Ports Group, expressed confidence in this venture. He stated, “Our collaboration with Lionsbridge Investments on the Osiris Phosphate project underscores our commitment to expanding our regional presence and driving industrial growth across the Red Sea. By leveraging our expertise in port development and integrated logistics solutions, we aim to support Egypt's economic ambitions and strengthen regional connectivity.”

Similarly, Brian Wesson, the Managing Chairman of Lionsbridge Investments, highlighted the benefits of this partnership, emphasizing that it would ensure the Osiris project is backed by world-class port facilities. “This collaboration is crucial for enabling efficient export operations and enhancing Egypt's position in global trade,” he commented.

Next Steps: Research and Implementation

The parties involved are set to conduct joint studies that will define the technical, commercial, and operational frameworks necessary for the efficient execution of the project. This methodical planning is essential to ensure that the initiative aligns seamlessly with Egypt’s long-term industrial and trade strategies.

About AD Ports Group

Founded in 2006, AD Ports Group has emerged as a pivotal player in global trade and logistics. As a listed entity on the Abu Dhabi Securities Exchange, it boasts a diversified portfolio that spans terminals, economic cities, free zones, and more. The company's operational footprint spans over 50 countries and offers comprehensive economic zones to facilitate integrated trade and industrial activities. AD Ports Group’s stable rating by Fitch and Moody's further underscores its critical role in regional economic advancement.

About Lionsbridge Investments Limited

Lionsbridge Investments represents the investment branch of the Wesson Group of Companies, which focuses on sustainable development and advanced manufacturing. This organization seeks to form partnerships with governments and international investors to deliver projects that drive innovation and economic growth.

Conclusion

The partnership between Lionsbridge Investments and AD Ports Group signifies a major step forward for Egypt's industrial landscape. By prioritizing modern solutions in port services and logistics, both companies are setting a new standard for operations in the phosphoric acid sector. This collaboration not only enhances operational efficiencies but also aligns with Egypt’s ambitious goals for sustainable industrial development and global market integration.