DP World Sokhna handles inaugural passenger vehicle export – Business – Economy and Finance

In a brand new enhance for Egypt’s automotive sector, DP World has efficiently facilitated the primary export cargo of passenger autos from the Ain Sokhna Port.

The roll-on-roll-off (ro-ro) vessel ULUSOY 5 beneath the company of KMA – Khedivial Marine Company Egypt, lately departed for Jebel Ali, Dubai, carrying 498 domestically assembled Nissan Sunny autos. The achievement underscores DP World’s dedication to supporting Egypt’s rising automotive trade and solidifying Sokhna’s place as a regional commerce hub.

Having exported its first batch, DP World plans to ship as many as 10,000 autos this yr to advance Egypt’s automotive sector and contribute to the nation’s financial development.

Avnash Iyer, COO & Performing Nation Head, Egypt, DP World, mentioned: “This primary ro-ro export cargo is a big step for Egypt’s automotive sector. It’s a testomony to the collaborative efforts of our group and Nissan Egypt. By leveraging our end-to-end capabilities to streamline buyer provide chains, we’re integrating Egypt into international commerce networks. This helps native producers attain new worldwide markets and helps the long-term development of the nation’s financial system. That is just the start, and we see huge potential for automotive exports from Egypt.”

As a complete commerce and logistics hub, DP World Sokhna is supporting Egypt’s rising automotive exports, and this milestone displays DP World’s continued imaginative and prescient of unlocking commerce worth for the nation because it gears as much as play a higher position in regional and international provide chains.

Moreover, DP World in Egypt supply clients built-in options from container dealing with, bulk, basic cargo, challenge cargo, and passenger companies, to logistics companies, equivalent to freight forwarding and 3PL options. This built-in strategy permits producers like Nissan to entry seamless end-to-end logistics, connecting them to clients worldwide.

Over the previous twenty years, DP World has invested greater than $1.3 billion in modernising Ain Sokhna Port. Ongoing investments, together with a community of freight forwarding places of work, built-in 3PL companies, and the event of a logistics park, are additional enhancing Egyptian provide chains and facilitating environment friendly commerce.

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