AD Ports to run three cruise terminals

2024-01-13T13:40:02+00:00 January 13th, 2024|Ports|

UAE-based AD Ports Group has signed a 15-year concession agreement with the Red Sea Port Authority (RSPA) to operate and manage the cruise terminals at Safaga, Hurghada, and Sharm El Sheikh.

This agreement also includes the renovation of the Sharm El Sheikh terminal, with the ultimate aim of enhancing the Egyptian cruise tourism experience.

A definitive concession agreement is expected to be concluded in the first quarter of this year, subject to regulatory approvals.

This collaboration will see AD Ports invest $3 mill over 15 years in the management and operation of the three cruise terminals to provide new services, improve access for cruise operators and add new itineraries through the Group’s Red Sea cruise terminal network.

This will in turn strengthen AD Ports’ cruise business in the region, supporting volumes of cruise passengers and elevating passenger and cruise experiences, the company claimed.

Ahmed Al Mutawa, Regional CEO, AD Ports Group, said: “This agreement is a testament to our commitment to fostering tourism in the Red Sea region, as well as strengthening the existing ties between the United Arab Emirates and Egypt. With an investment of $3 mill, AD Ports Group is poised to boost cruise tourism in the Red Sea, bringing world-class services and facilities to these ports, whilst supporting economic growth for Egypt.”

Last year, AD Ports inaugurated the Aqaba Cruise Terminal, the first facility of its kind in Jordan.