{"id":70245,"date":"2023-04-18T00:00:00","date_gmt":"2023-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/hassan-allam-utilities-and-ap-moller-capital-to-launch-logistics-platform-to-boost-egypts-storage-capacity\/"},"modified":"2023-04-18T00:00:00","modified_gmt":"2023-04-18T00:00:00","slug":"hassan-allam-utilities-and-ap-moller-capital-to-launch-logistics-platform-to-boost-egypts-storage-capacity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/hassan-allam-utilities-and-ap-moller-capital-to-launch-logistics-platform-to-boost-egypts-storage-capacity\/","title":{"rendered":"Hassan Allam Utilities and AP Moller Capital to launch logistics platform to boost Egypt\u2019s storage capacity"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Hassan Allam Utilities + AP Moller Capita<\/span><span style=\"\">l <\/span><span style=\"font-weight:700\">to launch integrated logistics platform: <\/span><span style=\"\">Our friends at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/media-centre\/News\/details\/H-A-Utilities\" style=\"\">Hassan Allam Utilities<\/a><\/span><span style=\"\"> \u2014<\/span><span style=\"\"> the investment and development arm of Hassan Allam Holding \u2014 and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apmollercapital.com\/en\/\" style=\"\">AP Moller Capital<\/a><\/span><span style=\"\"> have agreed to launch an integrated logistics platform for warehousing and handling services in Egypt under a strategic partnership, the company said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/PressReleaseHassanAllamUtilities_669.pdf\" style=\"\">press release (pdf)<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details: <\/span><span style=\"font-weight:400;\">The platform will offer air cargo handling facilities, logistics and distribution centers, integrated warehousing parks, inland dry ports, and terminals. It will focus mainly on the development of warehousing capacity across Egypt to support the country\u2019s long-term plans to expand its storage capacity for agricultural products and enhance food security, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The partnership aims to attract c.USD 200 mn of direct investments <\/span><span style=\"font-weight:400;\">in Egypt\u2019s logistics, airfreight, and warehouses sector, which will contribute to increasing trade flows, the statement said. The platform will \u201ccontribute to increasing trade flows and providing a stable and secure supply of critical products such as food and [pharma products],\u201dsaid AP Moller Capital Senior Partner Lars Jakobsen.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More logistics parks: <\/span><span style=\"font-weight:400;\">Hassan Allam Utilities plans to develop logistics parks across Egypt as part of the platform through further partnerships with global players, Chairman Amr Allam said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Hassan Allam Utilities has been making strides across Egypt\u2019s logistics sector:<\/span><span style=\"\"> The company formed a joint venture, dubbed <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/78427c1f-7310-4080-8554-81c3c45cc908\" style=\"\">Yanmu<\/a><\/span><span style=\"\">, with Kuwait\u2019s Agility last month to set up and operate logistics parks in Egypt. It was also awarded two projects by Egypts <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.itda.gov.eg\/\" style=\"\">Internal Trade and Development Authority<\/a><\/span><span style=\"\"> (ITDA), i<\/span><span style=\"\">n <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/media-centre\/News\/details\/Hassan-Allam-Utilities-Agility-Team-Up-to-Build-World-Class-Logistics-Parks-in-Egypt\" style=\"\">September<\/a><\/span><span style=\"\"> to develop and operate strategic warehouses in Luxor and Sharqi<\/span><span style=\"font-weight:400;\">a.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About Hassan Allam Utilities: <\/span><span style=\"\">Established in 2017 as the investment and development arm of construction giant <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hassanallam.com\/\" style=\"\">Hassan Allam Holding<\/a><\/span><span style=\"font-weight:400;\">, the company targets opportunities addressing the clean energy market for infrastructure services in Egypt and the region. Its investment and development efforts are focused on sustainable infrastructure, particularly in renewable energy, water, logistics, mobility, and social infrastructure. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company just last month formed a joint venture with Kuwait\u2019s Agility to set up and operate logistics parks in Egypt<\/p>\n","protected":false},"author":1,"featured_media":70246,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45],"tags":[828,49,17,19,44,25,829],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-ap-moller-capital","tag-egypt","tag-enterprise-logistics","tag-hassan-allam-utilities","tag-investment-watch","tag-logistics","tag-warehousing","wpautop","entry"],"acf":{"mongo_id":"3f38e5c1-155d-4ed8-b53d-f51649c5b3e1","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/675.png","photo_position":"above","homepage_title":"","full_issue_title":"Hassan Allam Utilities and AP Moller Capital to launch logistics platform to boost Egypt\u2019s storage capacity","related_issue":[70238],"teaser":"The company just last month formed a joint venture with Kuwait\u2019s Agility to set up and operate logistics parks in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.216241a1-86c2-4ea9-b375-603f34e2b9b3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hassan Allam Utilities and AP Moller Capital to launch logistics platform to boost Egypt\u2019s storage capacity - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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