GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
  • New Partnership between the Suez Canal Economic Zone and Kuwait's Agility 
  • Mohab Mamish: Establishment of a global logistics hub in East Port Said 
  • Hub will follow international standards to make East Port Said the most competitive in the region  
  • Tarek Sultan: Egypt's prominent location makes it an ideal site for a regional distribution hub
Dubai, UAE, June 27, 2018:  Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZONE), along with Mr. Tarek Sultan, Vice Chairman and CEO of Agility, a leading global logistics provider, today signed a Protocol of Cooperation, establishing a logistics center in East Port Said, one of the most important strategic sites on the Mediterranean Sea. 
 
Under this protocol, Agility will develop a hub with international standard logistics infrastructure to enhance the importing and warehousing of raw materials, as well as the export and distribution of intermediate and final goods through the Suez Canal Ports. The logistics hub is part of the current expansion of East Port Said. 
 
The company will also provide world-class solutions for Egyptian customs, including the modernization and automation of the customs processes. This will improve the speed at which commodities are moved and strengthen the supply chain in a fast and secure manner. These improvements, in turn, will help decrease supply chain costs for the industrial operations across the various areas of the economic zone. 
 
“The establishment of the East Port Said project is in line with the Egypt 2030 Vision. It also achieves Egypt's development goals in creating an integrated sustainable economic growth through the creation of new job opportunities and enhancing Suez Canal Zone status as a commercial and industrial hub.” Admiral Mohab Mamish said 
 
Admiral Mamish added that the protocol of cooperation with Agility is one of the significant steps in the Economic Zone's development plan, and particularly the development of East Port Said, noting that Agility is one of the world's largest logistics companies operating in the Arab region.  
 
The Chairman of the Suez Canal Economic Zone announced that the protocol aims to study the investment in the development and marketing of both the logistics and industrial areas. It also includes the development of a ‘green' logistics hub for value-added services, in addition to applying advanced customs technology solutions that facilitate trade. 
 
Mr. Tarek Sultan, Vice Chairman and CEO of Agility said, “Egypt's prominent location allows access to strong regional markets and trade routes, making it an ideal site for a regional distribution hub. Given the global demand for access and presence in the continent, Agility has continuously invested in Africa. Establishing an integrated industrial and logistics hub in partnership with SCZone, as well as providing modernized, automated customers services, matches Agility's Africa strategy and further highlights Egypt's role as a key regional player.” 
 
'Being present in the Suez Canal Economic Zone and, in particular, working in the East Port Said area will give companies access to world-class infrastructure as well as fast, easy and efficient logistics and customs services in terms of time and cost,' added Sultan. 
 
Admiral Abd El Kader Darwish, Vice Chairman of the Suez Canal Economic Zone for the Northern Sector, said that the establishment of a logistics center in East Port Said is set to provide logistical and technological solutions for investors in the region. It will also provide a secure electronic customs system to facilitate the movement of goods in a safe manner that will in turn contribute to more job opportunities in East Port Said. 
 
Darwish added that the protocol also includes studying the possibility of establishing a company between the Economic Authority and Agility. He pointed out the two-phase implementation plan between the two parties includes a first phase to prepare the feasibility studies for the development of a logistics center and the provision of customs technology services for period of eight (8) months.
 
The second phase includes the preparation of the detailed master plan for the logistics center and its stages, as well as a detailed technical and financial studies to provide technology services for a period of six (6) months. Then the  third phase will include the establishment of the joint company in a period of six (6) months. 
 
In Egypt, Agility manages 43,000 sqm of warehouse space and 30,000 sqm of open yard storage. In 6th October City, the company manages more than 60,000 pallet positions with material handling lifts capable of transferring goods to 67 loading docks. Agility offers superior solutions across Egypt to move time-sensitive cargo and online tracking of goods transported overland or through major air and sea ports through the company's port of call license which gives it a status equivalent to shipping agencies.



Posted by : GoDubai Editorial Team
Viewed 7784 times
Posted on : Wednesday, June 27, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Etihad Cargo Ready for Summer Automotive Bookings With the Launch of ‘FlightValet'
Next Story : Al-Futtaim Logistics expands warehouse facility in Saudi Arabia
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Season's Greetings 2018
Twelve Holiday Gifts for the Beauty-Obsessed Woman
The Smile Bar Opens Its First Store in the UAE
Purely Pandora Classics With a Twist
Festive Gifting Guide
New 1948 Seamaster Watches Join the Ranks
Tryano Launches Elemis
Add a festive sparkle to your eyes with Palladio Beauty
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
Amp up your skincare routine with The Organic Pharmacy's new corrective serums
Parmigiani Fleurier, new Friends of the Brand – ice-hockey superstar, Evgeniy Ma...
Hour Choice presents Coach Park Collection
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style
Certina DS PH200M collection
Joyalukkas brings joy to hundreds around the world with gold bar giveaway this f...
Tissot T-Race Marc Marquez
LACOSTE presents its new Legacy collection
Coca-Cola Puts Extra Fizz Into Its Factory Thanks to Digitisation
Oh So Heavenly! Bath Sets from Glambeaute.com that make a great gift this festi...
Sawalef Perfumes is now available at Mirdif City Centre
Introducing Nokia 3.1 Plus to the UAE
Introducing the GUESS Holiday 2018 Collection
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz honored Huawei w...
Souq.com's Biggest Ever White Friday Sale
Zoho launches its cloud accounting software in Bahrain
The new BMW 8 Series Convertible.
The Ultimate Festive Guide For Little Ones
Puma Launches RS-X Toys
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Jaguar F-Type Rally Cars Celebrate 70 Years of Sports Car Heritage
Superhero Color Runners Prove We Are All Unstoppable!
Alstom delivers first Dubai metro trainset on time
Special Olympics Will Create a Legacy of Inclusion Through Art
Puma Drops Cali in New Colorway
Celebrate a Month-long Festive Feast at Swissôtel Al Ghurair
Kors Dubai: Michael Kors Celebrates A New Middle East Flagship Store and Specia...
Mademoiselle Longchamp
Audi Innovation Award Winner Announced at Dubai Design Week
Sheikh Mohammed Bin Rashid Al Maktoum Global Aviation Award
Epson's Saudi roadshow highlights environment friendly Inkjet printers in line w...
MDC Business Management Services Wins ‘Best Shared Services Initiative in UAE' Award
Roda Hotels and Resorts named front-runner and pioneer of the regions hospitalit...
Celebrated singer and songwriter Atif Aslam set to perform at BOLLYWOOD PARKS™ Dubai
HE Abdulla Ali Bin Zayed Al-Falasi officially opens HR Summit & Expo 2018
Turkish Airlines reached 83.4% Load Factor in October
The Central Bank's Higher Sharia Authority Discussed the Sharia Governance for t...
The IKEA Soft Toy Drawing Competition Is Back to Bring a Child's Dream Toy to Life!
Groundwork begins at historical Mina Al Sultan Qaboos
‘Successful Food Factories of the Future will be Driven by data' – Opening of Ag...