# Deal between Kuwaiti Firm, ‘Suez Canal’ on Logistics Center in Egypt

> The Suez Canal Authority signed a cooperation protocol with Kuwait's Agility to develop a logistics hub in East Port Said Governorate. The hub is intended to handle imports, warehousing, and exports of goods and includes customs modernization.

- Date: 2018-06-27 · published 2018-06-27T12:00:00.000Z
- Category: logistics · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/64433-deal-between-kuwaiti-firm-suez-canal-on-logistics-center-in-egypt
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

This is an infrastructure investment with no immediate effect on feed grain supply or prices. It may modestly ease trade logistics through Egypt over the long term.

## Sources

- english.aawsat.com: https://english.aawsat.com/home/article/1313296/deal-between-kuwaiti-firm-%E2%80%98suez-canal%E2%80%99-logistics-center-egypt

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.