PHOTO
- ElNady: “The participation aligns with SCCT’s commitment to subsidizing its strategic partnership with the Egyptian government.”
Cairo - Governmental Affairs & Public Relations Director, Suez Canal Container Terminal (SCCT) – Hany ElNady, revealed his pride with SCCT’s participation in SCZONE’s first seminar at EXPO 2020 Dubai, entitled “Integrated Route … One Destination.” On Thursday, October 28th, the seminar will be witnessed by the Chairman of the Suez Canal Economic Zone (SCZONE), Eng. Yehia Zaki, delivering the event’s keynote presentation, and Chairman & Managing Director-Suez Canal Authority, Admiral Osama Rabie.
ElNady stated: “Being Egypt’s gateway to the world, along with subsidizing its strategic partnership with the Egyptian government, in particular SCZone & SCA, SCCT is keen on enriching this significant event. For almost two decades, the company has been striving to leverage its resources and capabilities, flourishing with East Port Said Port’s competencies to become the leading transshipment hub in the Eastern & Southern Mediterranean countries. Accordingly, SCCT’s well-renowned operations help steer the national economy wheel to a brighter future.”
He added: “Chairman & Managing Director - Suez Canal Container Terminal (SCCT), Mr. Steven Yoogalingam, will take part in the seminar’s panel discussion “Why Opt for SCZone”. SCCT’s Chairman & Managing Director was selected among five leaders of the largest companies supporting development in cooperation with SCZone to shed light on the economic zone’s lucrative investment opportunities. Yoogalingam will elaborate on SCZone's prominence as a global economic and logistic hub which reinforces world trade traffic. Hence, we continue our pivotal role, contributing to the state’s vision towards attracting more investments, establishing its regional and global position, in addition to thriving with the Egyptian exports to reach USD 100 billion annually.”
-Ends-
About Suez Canal Container Terminal (SCCT):
Suez Canal Container Terminal (SCCT) is the main operator and sole container handling terminal in East Port Said Port; regarded as a world-class terminal among the Suez Canal ports. SCCT is a subsidiary of the Danish shipping giant Maersk; where APM Terminals, one of Maersk's arms, owns the largest share of 55% and manages production operations. COSCO Pacific holds 20%, The Suez Canal Authority holds 10.3%, The National Bank of Egypt holds 5%, while the Egyptian private sector holds 9.7%.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
