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CMA CGM invests in Egypt’s October Dry Port, acquiring a 35% stake

CMA CGM invests in Egypt’s October Dry Port, acquiring a 35% stake

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CMA CGM has acquired a 35% stake in the October Dry Port as part of a strategic plan to strengthen supply chains and develop transport and logistics services across Egypt’s dry ports. The partnership is set to accelerate digital customs procedures, ease congestion at sea ports, and enhance integration between dry ports and sea ports. It also includes the operation of regular rail services to move containers to and from Greater Cairo, improving inland transport efficiency. The move aligns with CMA CGM’s broader efforts to support sustainability and reduce emissions through efficient multimodal transport solutions.   

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