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IDA awards logistics services contract
Released on - Thursday,05 November , 2009 -09:36 54
The Industrial Development Authority (IDA) awarded the first contract for a logistics services complex to a Kuwaiti real estate company, Orchid, reported Al-Masry Al-Youm.
An area of half a million feddans has been allocated at the Tenth of Ramadan industrial city to establish a zone specialized in providing logistics services, including storage and assembly.
The IDA had received offers from five Egyptian and Arab companies to establish storage areas in Tenth of Ramadan, Borg El Arab and Sadat cities, which it had advertised for during the global crisis.
Source: Daily News Egypt