The Suez Canal Authority (SCA) is in discussions with Kenyan company Tunasco to develop ports and marine infrastructure in Kenya. This potential partnership is part of the SCA's efforts to expand its maritime expertise into African markets. SCA Chairman Osama Rabie and Tunasco Chairman Abdul Wali Sharif held talks at the SCA's headquarters in Ismailia, focusing on establishing a specialized company for port and marine construction projects.
The proposed partnership would involve the SCA's affiliated Timsah Shipbuilding Company and cover various maritime activities. These include port development, marine construction, dredging, shipbuilding, and training. Rabie emphasized the SCA's goal to expand beyond Egypt and strengthen its presence in Africa by contributing to major development and infrastructure projects.
Rabie highlighted the Suez Canal's aspiration to open new markets in the African hinterland and participate in development efforts. The SCA aims to transfer its technical and operational expertise to Kenya and contribute to the development of the country's maritime infrastructure. This move reflects Egypt's strategic interest in deepening economic and development partnerships with African countries.
Tunasco Chairman Abdul Wali Sharif expressed his company's desire for close cooperation with the Suez Canal Authority. He hopes to benefit from the SCA's technical capabilities, skilled workforce, and long experience in maritime industries. Sharif noted that the proposed cooperation has received a positive response from the Kenyan government.
The meeting between Rabie and Sharif was attended by several officials, including Abdel-Hakim Zakaria, director of the SCA's Companies Department, and Ahmed Ibrahim, chairman of Timsah Shipbuilding Company. Sharif mentioned that meetings are expected to be held with senior Kenyan government officials to establish a framework for cooperation and begin practical implementation steps.
Tunasco is a Kenyan company involved in various infrastructure development projects. The company is seeking to benefit from the SCA's expertise and experience. The potential partnership between the SCA and Tunasco is seen as a significant step in strengthening Egyptian-Kenyan relations.
The SCA's expansion into African markets is part of Egypt's broader strategy to deepen economic and development partnerships with African countries. The SCA's technical and operational expertise is expected to contribute to the development of Kenya's maritime infrastructure. Key points include:
Key points
- The Suez Canal Authority is exploring a partnership with Tunasco to develop ports and marine infrastructure in Kenya.
- The proposed partnership would involve the SCA's affiliated Timsah Shipbuilding Company and cover various maritime activities.
- The SCA aims to transfer its technical and operational expertise to Kenya and contribute to the development of the country's maritime infrastructure.
