The project will include a 550-kilometre railway, a four-berth mineral port, and supporting logistics infrastructure to handle bulk cargo efficiently.
Share sale is expected to generate about US$37.6 million for the investor.
Ontario government providing up to US$4 million in support through the Invest Ontario Fund.
The terminal is also expected to strengthen Egypt’s connectivity with East African markets through a designated African logistics zone.
The initiative forms part of broader EU-Kenya cooperation on trade, digitalization, and investment.