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Gulftainer Company Ltd

UAE-based port operator Gulftainer is planning to invest $500 million over two years as it expands in Russia and Saudi Arabia.

The company, which operates the Russian port of Ust-Luga, aims to announce further expansion in the country before the end of the third quarter 2013, vice-chairman Badr Jafar said. "We're in talks with a number of parties in Russia, with the government, with private companies. Expansion is not necessarily new ports, but related logistics including in-land container depots, potentially rail," he said.

Gulftainer is planning to invest in Saudi Arabia to capitalise on opportunities created by increased public spending, Jafar added. 

31 May 2013
Investor
2013
500.0 mln
Leningrad region

Investor profile

Gulftainer Company Ltd

Sharjah, United Arab Emirates

T: +971 65449958

Contact: Mr Peter Richards, Managing Director

Gulftainer Company Limited manages and operates the container terminals in Sharjah, Port Khalid, and Khorfakkan. It offers on-site logistics services freight forwarding, project forwarding, customs clearance, air and sea freight, container maintenance, servicing, warehousing and port management services.

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