Maximizing Economic Zone’s Investments.. SCCT Participates in SCZone’s First Seminar at EXPO 2020 Dubai

ElNady: “SCCT enriches the discussion panel among five major companies supporting development in cooperation with SCZone”.

ElNady: “The participation aligns with SCCT’s commitment to subsidizing its strategic partnership with the Egyptian government”.

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”.

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%.