dp worlds 2429m investment in egypts cold storage industry

DP World’s $29m Investment in Egypt’s Cold Storage Industry

The cold chain market in North Africa and the Middle East is experiencing significant growth, with expectations to reach $41.1 billion by the end of 2030, reflecting an impressive compound annual growth rate of 8.8%, as reported by BCC Research. DP World, a global logistics company, recently announced its plans to invest in a new cold storage facility in Egypt, with an estimated value of $29 million. This move is expected to further fuel the expansion of the region’s cold chain industry.

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