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Affichage des articles du novembre 7, 2007

Dubai Port met le pied en Egypte

Selon eyefortransport.com : "DP World has entered the Egyptian market with the US$670 million purchase of a 90% stake in ECHCO, the controlling shareholder of Sokhna Port Development Co (SPDC). " (11/2/2007) The remaining 10% of ECHCO remains with Amiral Holdings. Captain Ossama Al-Sharif will remain as chairman of the port and an active partner in the enterprise through Amiral Holdings Ltd. Sokhna is the closest container port to Cairo, and is expected to have a capacity of 1.2 million TEU by the end of 2009. The port is located within the North West Suez Economic Zone, the first of its kind in Egypt. DP World chairman, Sultan Ahmed bin Sulayem, pointed out that Egypt is the largest economy in North Africa and is rapidly becoming a major force in the region, with foreign direct investment growth of 65% per annum since 2000. “Sokhna will continue to play a significant role in supporting this growth, serving as a gateway for the growing Egyptian industrial base and consumer de