Qalaa Holdings, one of Egypt's largest investment companies, has started Wednesday its conference to introduce the integrated logistics solutions in East Africa, Rift Valley Railways. The event takes place in the headquarters of the Federation of Egyptian Industries (FEI) in Egypt, under the auspices of Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour. The conference will shed the light on Qalaa Holdings' planned strategy for increasing "the presence of Egyptian businesses in Africa, with a particular focus on East African nations", a company statement read. The company is also set to introduce the "Rift Valley Railways (RVR) as a unique door-to-door transportation and customs-clearance service provider that can help local exporters from Egypt, Kenya, Uganda and South Sudan tap into new markets and grow the volume of intra-regional trade", Qalaa said in a statement. "East Africa offers potentially lucrative opportunities for Egyptian exporters. By taking advantage of rail transport, we can significantly increase the volume of trade between Egypt and East Africa," said Karim Sadek, Managing Director and Head of Transportation and Logistics at Qalaa Holdings. He further indicated: "At Qalaa Holdings, we have been committed to developing a fully integrated transportation and logistics platform through RVR to offer high-quality and affordable services that can help exporters overcome the major obstacles associated with the transport of goods in the region such as customs clearance, logistics and security concerns." Qalaa Holdings, formerly known as Citadel Capital is an infrastructure and industry leader in Africa, and currently owns assets amounting to $9.5 billion.
