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Aramex plans to invest EGP150m over the next two years

: Thursday, August 07 - 2014 @ 09:51

Aramex is planning to invest EGP150m over the next two years in order to expand the company’s storage capacity and land fleet. In an interview with Daily News Egypt, CEO of Aramex Africa Samer Gharaibeh said that the company currently has a storage capacity of 106,000 square metres and hopes to add another 28,000 over the next two years. In Egyptian market Aramex is working to provide transport and delivery solutions as well as domestic and international mail services, air, sea, and land transport, and storage, logistic, document storage, and e-commerce services . CEO of Aramex said, “Investments executed by Aramex in Egypt starting in 2011 through the last three years amount to EGP 180m. The funds were used to build warehouses as well as highly developed, eco-friendly logistics centres in Borg El Arab and 6th of October on an area of 45,000 square metres. The company’s total storage capacity rose to 106,000 square metres as a result.”

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Thursday, August 7- 2014 @ 9:51 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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