French shipowner group CMA CGM to acquire 35% of the capital of the Egyptian company October Dry Port (ODP), a company which manages a dry port in the industrial and logistics area in the near Cairo and which is currently 70% owned by the Egyptian electricity company Elsewedy Electric, 20% owned by SLP for Logistic Properties and 10% by Schenker Egypt. The agreement of The acquisition was signed on Saturday by Ahmed Elsewedy, president and CEO of Elsewedy Electric, and Christine Cabao, executive vice president of CMA CGM.

The dry port has a traffic capacity containerized equal to 450 thousand TEUs per year.