OTMT is planning to launch a logistics project that would include operating 2,000 trucks to transport goods in its first phase, CEO Tamer El Mahdi tells Al Mal. El Mahdi did not disclose details on the investment value of the project, which is set to be implemented in 2H2019. OTMT is also looking to invest in the food and beverages industry by setting up its own factory or acquiring one or several companies in the sector, and is also eyeing breaking into the real estate development industry with new projects in touristic areas. The new investments come as the company looks to diversify its ventures outside of its traditional focus on the telecoms sector, according to El Mahdi.

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