DP World invests in Sokhna Logistics Park

DP World's USD 85 million investment in the Sokhna Logistics Park represents a significant expansion of its logistics infrastructure within the Suez Canal Economic Zone (SCZONE) in Egypt. The project, targeting approximately 300,000 m² of capacity by 2026, underscores DP World's commitment to developing integrated logistics solutions and leveraging Egypt's strategic location for global trade. The involvement of SCZONE as an investor further highlights the project's importance to Egypt's economic development and its ambition to become a major logistics hub. This investment is notable due to the size of the initial capital outlay and the participation of a major global port operator like DP World. The project's location within the SCZONE, a key area for attracting foreign investment and promoting economic growth, adds to its strategic importance. The development of the Sokhna Logistics Park is expected to enhance trade flows, create employment opportunities, and contribute to the overall competitiveness of the Egyptian economy.