EGYPT – DHL, the world’s largest logistics company, has expressed its plans to expand its operations and investments in Egypt which are currently estimated to exceed LE 1 billion (about US$ 64.25 million).
Nour Suliman, CEO of DHL Express Middle East and North Africa, said that DHL Express has made investments to enhance the company’s presence in Egypt, successfully positioned itself as one of the biggest logistics providers in the Region.
He further explained that the company sealed a deal with “Egypt Post” to revolutionize and upgrade their services.
“We are proud of our ability to enable global trade operations by exploiting the distinguished strategic location of Egypt, as a logistics center,” said Ahmed al-Fangary, General Manager of DHL Express Egypt.
DHL Express is strengthening its air and road capabilities; it has added 99 new cars to its vehicle fleet, bringing the total number of freight cars to 120.
The company also plans to increase the number of aircraft to 3 by the end of February, and to 4 by the end of the year.
DHL noted that the expansion was in line with its commitment to support economic growth, and facilitate commerce in the region.