YANMU Logistics Park secures EDGE Advanced Certification for the CIB Funded Sustainable Warehouses

YANMU Logistics Park secures EDGE Advanced Certification for the CIB Funded Sustainable Warehouses

Cairo – YANMU EAST Logistics Park has achieved EDGE Advanced certification for its sustainably designed warehouses. This accomplishment underscores YANMU’s leadership in sustainable logistics infrastructure in Egypt. YANMU Logistics Park marks the first collaborative venture between HAU Logistics, an established logistics-focused investment platform between Hassan Allam Utilities and A.P. Moller Capital, and Agility in establishing cutting-edge logistics parks and Grade A warehouses in Egypt.

EDGE, which stands for “Excellence in Design for Greater Efficiencies,” is a green building standard and certification system developed by the International Finance Corporation (IFC), the private sector development arm of the World Bank Group. It promotes sustainable development by encouraging resource-efficient designs that reduce emissions and operational costs. To support these sustainability goals, IFC offers a 2.8% cashback on construction loans for projects that meet EDGE standards in collaboration with CIB.

At YANMU East Logistics Park, three warehouses have already achieved EDGE Advanced certification, boasting impressive savings: 49% in energy, 53% in water, and a 59% reduction in embodied carbon. Additionally, three more warehouses are on track to earn certification upon their completion later this year, further enhancing the park’s green building portfolio.

Previously, YANMU Logistics Park secured EGP 1.5 billion in financing from CIB to construct the YANMU East Logistics Park. This significant investment has facilitated the development of cutting-edge, eco-friendly warehouses.

“At Hassan Allam Utilities, green investment is central to our strategy for sustainable growth,” said Amr Allam, Co-CEO of Hassan Allam Holding. “The EDGE Advanced certification awarded to YANMU Logistics Park reflects this commitment in action. This milestone was achieved through our close collaboration with CIB and IFC, whose partnership has been instrumental in aligning environmental ambitions with forward-thinking development. We are proud to lead this transformation, setting new standards for sustainability in the logistics sector and contributing to a greener future for Egypt.” He added.

Mr. Amr El-Ganainy, CIB’s Deputy CEO & Executive Board Member stated that:

At CIB, we believe that sustainability is the cornerstone of responsible and inclusive economic growth. We are committed to integrating sustainability standards across all our operations.

A key reflection of this commitment is our strategic partnership with IFC, which led to the issuance of Egypt’s first private sector green bond, valued at USD 100 million.

Our financing of “YANMU”’s complex, in partnership with key partners Hassan Allam Utilities, Agility & A.P. Moller reflect the continued success of a long-standing collaboration and reaffirms our dedication to supporting smart, green infrastructure that drives the growth of the Egyptian economy.

Cheick-Oumar Sylla, IFC’s Regional Director for North Africa and the Horn of Africa

“The EDGE Advanced certification of YANMU EAST Logistics Park marks yet another milestone in Egypt’s progress towards more resource-efficient infrastructure. This achievement, made possible through IFC and CIB’s innovative green financing, demonstrates the growing momentum behind sustainable development in Egypt. At IFC, we are committed to supporting Egypt’s green transition by advancing climate-smart solutions across the built environment through the EDGE certification.”