In 1998 Egyptian container handling company (ECHCO) started in ADABYA port which is located 25 km before Sokhna. It was the entity which owned SPDC afterwards In 1999 a consortium of investors set up the SOKHNA Port Development Company (SPDC). They presented, and were awarded, a bid to the Egyptian government for the further development, management and operation of a port at AIN SOKHNA, to serve the North West Suez Economic Zone, south of the Suez Canal, on the Red Sea.
SOKHNA Port was developed and became operational within a mere 24 months, becoming Egypt's first fully automated port and widely Acknowledged as Egypt's prime Public-Private Partnership.
The port capitalizes on the explosive growth in the maritime trade and taking maximum advantage of the wide variety of resources available in Egypt. To fulfill its commitment to sustainable economic development and attract investment, a comprehensive master plan was developed, stretching to 2020.
By 2007, the port had achieved a number of successes, attracting investment through a range of projects, either now completed or currently under construction. These projects comprise investment of millions of dollars, bringing a range of benefits to the local economy and to Egypt.
They include a livestock project, sugar refinery and the first phase of a liquid bulk terminal, together with three specialist warehousing, storage and handling facilities in support of industry located outside the port. Through the provision of efficient port services and by transforming Egypt's port sector, through the introduction of private competition, the port has, and will continue to have, significant economic impact on Egypt.
Spring of 2008, SOKHNA Port's location, competitive advantages and successes secured the investment of DP World, who took over the operation, development and management of the port.
In 2010 DP world signed the agreement with Egyptian government to start basin 2 which suppose to duplicate the capacity of the port.
In 2010/2011 DP world started expansions & development plans to increase basin 1 capacity this is will increase the capacity of basin 1 to reach 1.1 million TEU/ year