The following release was published by NYK Line:
The Suez Canal Automotive Terminal (SCAT) — a joint venture among NYK, Africa Global Logistics (AGL)* and Toyota Tsusho Corporation (Toyota Tsusho)** — has officially opened Egypt's first finished-vehicle logistics terminal.
Driven by Egypt's robust population growth and economic development, the nation’s automobile market is expanding. With an anticipated increase in finished-vehicle imports and the forthcoming initiation of full-scale exports, SCAT is strategically positioned to address this growing demand. The facility features a quay capable of accommodating two large car carriers simultaneously, as well as extensive storage space that will be able to accommodate up to 10,000 vehicles. In addition, the terminal is equipped to support the rising need for cargo transshipment.
Outline of the terminal
- Name: Suez Canal Automotive Terminal (SCAT)
- Location: East Port Said, Arab Republic of Egypt
- Opening date: July 1, 2025
- Planned operating period: 30 years
- Site area: approximately 21.2 hectares
- Storage capacity: 2,550 vehicles in the initial stage of operation, to be expanded to a maximum of 10,000 vehicles in the future
Outline of the joint venture
- Company name: Suez Canal Automotive Terminal
- Shareholders: NYK 25%, AGL 50%, Toyota Tsusho 25%
- Representative: Ashraf Ossama
- Business Overview: Automobile terminal operation under a 30-year concession contract (business operation consignment contract) with the General Authority for the Suez Canal Economic Zone
SCAT will contribute to the development of the Egyptian economy by combining the knowledge that AGL has accumulated through its port operation business in Africa, Toyota Tsusho's experience and insight into a wide range of companies in Egypt, and the expertise and technology in finished vehicle transportation and terminal operation that NYK has cultivated around the world. SCAT is well positioned to contribute significantly to Egypt’s development by capturing the increasing demand for automobile logistics in North Africa and the Eastern Mediterranean region.
Source: NYK Line