Samer Choucair: Strong Operating Performance at Tahya Misr Terminal Is Increasing the Investment Appeal of Logistics Assets
Entrepreneur Samer Choucair said the targeted revenue growth at the Tahya Misr Multipurpose Terminal in the Port of Alexandria reflects a strategic transformation in Egypt’s transport and logistics sector.
The government is targeting revenue of $115 million in 2026, representing annual growth of 8.5%, with a further increase to $123 million expected in 2027.
Choucair explained that this performance is supported by a 43.5% increase in container throughput during 2025, strengthening the terminal’s position within Egypt’s strategy to transform its ports into a regional centre for trade and logistics services.
He emphasized that this progress creates new opportunities for institutional investors to allocate capital to infrastructure assets connected to global supply chains, despite continuing risks associated with the economic and operating environment.
Operational progress reflects a structural transformation
Samer Choucair noted that Egypt’s maritime transport sector is entering a new phase of development, supported by government investment and long-term concession partnerships that have improved port operating efficiency.
He added that Misr Ports Company, which operates the Tahya Misr Terminal with capital of $304 million under a 35-year concession that began in 2018, increased throughput to approximately 850,000 containers during 2025, compared with 592,500 containers in the previous year.
Choucair explained that these results demonstrate a clear improvement in operating rates and the use of the terminal’s 400,000 square metres of space, which is dedicated to containers, general cargo, and vehicles.
This strengthens the operating returns of logistics assets that enjoy a degree of resilience against economic volatility because of their connection to regional transit trade.
A strategic location supporting the Egyptian economy
Samer Choucair said the growth comes as Egypt seeks to strengthen its position as a logistics hub connecting the Mediterranean and Red Seas under a broader strategy to improve port efficiency and increase the sector’s contribution to gross domestic product.
He added that higher throughput supports direct US-dollar revenue and helps ease pressure on the balance of payments by stimulating shipping and transit services.
Choucair noted that the continuation of this performance will remain linked to global trade activity and freight rates, which are themselves influenced by energy prices and geopolitical developments, particularly in the Red Sea region.
Operating efficiency becomes the principal driver
Samer Choucair explained that the current growth is not limited to higher operating volumes, but also reflects the beginning of a new phase of improved efficiency.
He said container terminals that achieve double-digit growth in throughput alongside more moderate revenue increases generally enter a stage in which marginal returns improve gradually as operations approach optimal capacity.
Choucair emphasized that assets of this kind become more attractive to infrastructure funds when supported by long-term concession agreements that provide stable and predictable cash flows.
Growing interest from institutional investors
Samer Choucair noted that the current performance of the Tahya Misr Terminal has begun to attract the attention of institutional investment funds and sovereign wealth funds seeking logistics opportunities in emerging markets.
He explained that the revenue targets for 2026 and 2027 indicate a degree of operating-income stability compared with several regional assets, particularly given the long-term concession, which provides investors with greater visibility over future cash flows.
Choucair added that the valuation of such assets will continue to depend on their ability to manage operating debt and maintain reinvestment in modern equipment and automation technologies.
Capital allocation shifts toward logistics assets
Samer Choucair said institutional investors are increasingly focusing on assets that combine growth in operating volumes with stable US-dollar revenue.
He added that the Tahya Misr Terminal presents an advanced example of this asset class within the Egyptian market.
Additional capital flows could be directed toward similar projects if operating rates continue to rise, particularly projects linked to logistics corridors connecting seaports with industrial zones and dry ports.
Opportunities for regional integration
Samer Choucair explained that the development of Egypt’s port sector aligns with the efforts of Gulf Cooperation Council countries to strengthen supply chains and diversify trade channels.
He said Egypt’s geographic position gives it an opportunity to play a complementary role alongside logistics projects connected to Saudi Vision 2030, particularly as demand grows for efficient transit centres in the eastern Mediterranean.
Choucair emphasized that this connectivity could create opportunities for joint partnerships and investment in logistics services and infrastructure during the coming years.
Promising opportunities and continuing risks
Samer Choucair identified continued growth in transit trade and higher terminal utilization as the principal opportunities.
These factors could push revenue above current forecasts if operating efficiency continues to improve.
He added that the diversity of the terminal’s activities, including the handling of containers, general cargo, and vehicles, gives it greater flexibility in responding to changing demand across different cargo categories.
Choucair explained that risks remain connected to a slowdown in global trade, higher operating costs resulting from energy or labour prices, and potential delays in domestic logistics-link projects, which could limit the terminal’s ability to make full use of its capacity.
Technology and governance remain decisive
Samer Choucair emphasized that investment in logistics infrastructure requires a long-term perspective extending beyond short-term economic volatility.
He added that the success of such investments depends principally on strong governance and the ability to adapt to continuing changes in global supply chains.
Choucair explained that achieving the announced targets will remain dependent on continued investment in automation and digital technology to increase productivity and improve operating efficiency over the long term.
A strategic outlook
Concluding his remarks, Samer Choucair said the performance achieved by the Tahya Misr Terminal provides a clear indication of the gradual maturity of Egypt’s port sector.
Continued growth in throughput could encourage infrastructure funds and sovereign wealth funds to reassess Egyptian logistics assets more positively.
He added that the real test during the next phase will be the operating management’s ability to convert continuing increases in throughput into sustainable growth in operating margins and revenue.
This would strengthen Egypt’s position as a leading destination for capital allocation in trade and logistics across the Middle East and North Africa.
