Wedoany.com Report-Nov. 13, Lionsbridge Investments Ltd, the sponsor of Osiris Phosphate Ltd (Osiris), and AD Ports Group have signed a memorandum of understanding (MoU) to explore cooperation in developing and operating port services and logistics infrastructure for Osiris’ upcoming phosphoric acid facility in Safaga, Upper Egypt.

The MoU provides a framework for the two companies to assess, design, and implement advanced maritime and logistics solutions that will enhance the efficiency and sustainability of exports from the phosphoric acid plant. The collaboration seeks to position the Safaga region as a strategic logistics hub connecting African, Middle Eastern, European, and other global markets.

This partnership builds upon ongoing discussions between Lionsbridge Investments Ltd and various Egyptian government stakeholders regarding the development of the US$1.2 billion phosphoric acid facility led by Osiris. The project is a central element of Egypt’s strategy to expand value-added industries, promote sustainable chemical production, and strengthen global food security by increasing fertilizer production capacity.

Ahmed Al Mutawa, Regional CEO of AD Ports Group, stated: “Our collaboration with Lionsbridge Investments on the Osiris Phosphate project reflects our continued commitment to expanding our regional presence and driving industrial growth across the Red Sea. By leveraging AD Ports Group’s expertise in port development and integrated logistics solutions with Lionsbridge Investment’s dedication to developing value-added industries in Egypt, we aim to jointly support Egypt’s economic ambitions and strengthen regional connectivity.”

Brian Wesson, Managing Chairman of Lionsbridge Investments Limited, said: “We are pleased to partner with AD Ports Group, a global enabler of trade, logistics and industry. This collaboration will ensure that the Osiris project is supported by world-class port facilities, enabling efficient export operations, strengthening Egypt’s position in global trade.”

The agreement also outlines plans for joint studies to establish technical, commercial, and operational frameworks for the development, ensuring alignment with Egypt’s long-term industrial and trade goals. Through this initiative, both companies aim to integrate logistics and industrial development in support of national priorities, improve export competitiveness, and foster sustainable industrial growth.

Once completed, the Osiris phosphoric acid facility will serve as a major contributor to Egypt’s industrial diversification and export capacity. It is expected to enhance the value chain of phosphate resources, stimulate employment, and provide a foundation for related industries in Upper Egypt. The collaboration with AD Ports Group underscores the growing importance of logistics infrastructure in supporting industrial projects and international trade efficiency.

Overall, the MoU represents a strategic step toward building a modern, sustainable logistics ecosystem in Safaga that will support Egypt’s broader economic development agenda and its role as a regional hub for trade and industry.