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 centers. He 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.