Chambers of Commerce: launching a new holding company by the end of 2018

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Wednesday - 4 April 2018 - 2:9 PM


Ahmed Al-Wakil, Chairman of the Federation of Chambers of Commerce, said


that the procedures for the launch of a holding company will be completed for


logistic centers, commodity exchanges and wholesale markets at the end of


the current year.



He explained in special statements that it will be launched after the completion


of studies of the logistics centers, because now lands in the provinces are being


allocated, to be appropriate for the establishment of logistics centersHe added


that the studies are carried out in an integrated manner, so a committee was


formed including some of the ministries concerned headed by Eng. Ibrahim


Mahlab, the Assistant President of the Republic for national and strategic


projects, to take care of logistics centers and commodity exchanges.




After the inauguration of the holding company, the IPO will be considered to


the Egyptian Stock Exchange for funding the logistics projects.