Egypt Seeks Expanded CMA CGM Investment in Suez Canal Economic Zone
Shipping Arabia, May 15, 2026 – Egyptian President Abdel Fattah El-Sisi welcomed the existing investment cooperation between Egypt and France’s CMA CGM Group, one of the world’s leading container shipping and maritime transport companies, during a meeting with the group’s Chairman Rodolphe Saadé on the sidelines of the Africa-France Summit in Nairobi.
The meeting focused on ways to expand cooperation in support of economic integration and trade exchange between Egypt and African countries, while strengthening maritime connectivity across the continent.
President El-Sisi praised CMA CGM’s role in implementing several projects in Egypt’s maritime and dry ports sector, highlighting in particular the company’s contribution to the development and operation of Egypt’s first semi-automated container terminal, the Red Sea Container Terminal at Sokhna Port.
He emphasized Egypt’s interest in further expanding the company’s activities and investments, particularly within the Suez Canal Economic Zone, where new investment incentives and major upgrades in maritime transport and infrastructure provide significant opportunities for global operators.
For his part, Saadé reaffirmed CMA CGM’s commitment to strengthening its presence in Egypt, noting the country’s strategic location and the substantial progress achieved in maritime transport, shipping capabilities and related logistics services.
The discussions also addressed the impact of current regional tensions on maritime routes. President El-Sisi underlined Egypt’s view that international shipping stakeholders must work together to address bottlenecks and reduce their impact on global trade and supply chain stability, particularly in the energy and food security sectors.
Source: Alborsa News