Qalaa Holdings Presents Rift Valley Railways to Local Exporters Looking to Tap Into East African Markets

In a one-day event held under the auspicies of Egypt’s Minister of Trade and Industry, Mounir Fakhry Abedl Nour, Qalaa Holdings aims to increase the volume of Egyptian exports to Africa with the overarching goal of boosting Egypt’s economy and growing intra-regional trade

Qalaa Holdings (CCAP.CA on the Egyptian Exchange), an African leader in infrastructure and industry, will hold a one-day conference “Rift Valley Railways: An Integrated Logistics Solution in East Africa,” that will be attended by leading members of the Egyptian business community on Wednesday 9 September 2015, at the Federation of Egyptian Industries.

The conference will highlight the competitive advantages of using rail as the most efficient, cost-effective and environmentally friendly mode of transporting goods in East Africa and introduce 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.

“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 the Transportation and Logistics at Qalaa Holdings. “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,” added Sadek.

Rift Valley Railways is Qalaa Holdings’ primary investment in the African transportation sector with a 25-year concession to operate 2,352 km of track linking the Indian Ocean Port of Mombasa to the interiors of Kenya and Ugandan capital Kampala and the northern part of Uganda. For the past four years, Qalaa holdings has been working with RVR’s management and its local partners to implement a turnaround program that includes investing in modern rail-operating technology, rebuilding infrastructure, expanding haulage capacity as well as developing the skills of its 2,000-strong workforce through management and skills training programs.

The one-day event organized by Qalaa Holdings and Rift Valley Railways in cooperation with the African Commercial Bureau will include valuable insight and ideas from our team of seasoned experts in the field of transportation and logistics on the East African market and the challenges and opportunities that it presents.

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Previous Qalaa Holdings press releases on this subject and others may be viewed online from your computer, tablet or mobile device at qalaaholdings.com/newsroom

Qalaa Holdings (CCAP.CA on the Egyptian Stock Exchange) is an African leader in infrastructure and industry. Formerly known as Citadel Capital, Qalaa Holdings controls subsidiaries in core industries including Energy, Cement, Transportation & Logistics, and Mining. To learn more, please visit qalaaholdings.com.

Forward-Looking Statements
Statements contained in this News Release that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of Qalaa Holdings. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Certain information contained herein constitutes “targets” or “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “seek,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Actual events or results or the actual performance of Citadel Capital may differ materially from those reflected or contemplated in such targets or forward-looking statements. The performance of Qalaa Holdings is subject to risks and uncertainties.

For more information, please contact:
Ms. Ghada Hammouda

CMO & Head of Marketing Communications
Qalaa Holdings
ghammouda@qalaaholdings.com

Tel: +20 2 2791-4439
Fax: +20 22 791-4448
Mobile: +20 106 662-0002