Gulftainer Co. CEO has presented his company’s investment plan that is to reach one billion American dollars; targeting investment in one of the main Egyptian ports, specifically Ports of East Port Said, Alexandria and Damietta. The company is considered one of the internationally pioneering companies, where it provides with logistic services in 10countries amongst which the United States and Kingdom of Saudi Arabia. From his side, deputy prime minister and transport and industry minister Eng. Kamel ElWazir, has assured on the strategic importance of such company entering the Egyptian market, pointing out to Egypt’s unique location on the international navigational channels, especially the Suez Canal, thus making it an ideal destination for great investments and stressing that such investment opportunities are available in different ports and logistic regions in the way that suites the company’s volume and capabilities.
Moreover, there has been an agreement between the two sides on the company’s visiting Egypt soon to acknowledge and study investment opportunities as soon as possible, this through direct coordination with the Egyptian Commercial Bureau in Dubai as a start to sign contracts and commence managing and operating one of the container terminals and logistic regions that meet the aspirations of the company and its investment volume. The Emirati side has pointed out that Emirati investments in Egypt has reached up to February 2025 about 21.8 billion dollars distributed between 2139company and this shows great trust in Egyptian economy. .
