GB Corp
GBCO
GBCO
Egypt’s biggest car assembler Ghabbour Auto (GB Auto) will deliver 300 buses as part of a UAE grant to Egypt, for $35.4 million during the last quarter of 2014, said CEO Raouf Ghabbour.
Dr. Sultan bin Ahmed Sultan Al Jaber, U.A.E. Minister of State, and Chairman of the Abu Dhabi Ports Company (ADPC), accompanied by Army Major General El Arabi Al-Serwi, Governor of Suez, toured the GB Auto, a leading manufacturer of bus and commercial vehicles, and Ain Sokhna Port, managed by U.A.E. terminal operator DP World, according to WAM.
At the GB Auto facility, Al Jaber viewed the final model of buses which the U.A.E. Project in Egypt will supply 600 of them to the Transport General Authority. 300 buses will be manufactured by U.A.E.-based bus manufacturers Hafilat Industries while the remaining 300 will be built by Egyptian auto importer and manufacturer Ghabbour Auto. The fleet will meet 30% of the public transport programme requirements of Greater Cairo and ease traffic movement.
Al Jaber said,'' The U.A.E. leadership's instructions are to continue supporting Egypt and implementing development projects in consistence with specific time schedule and specifications that cater to Egyptian citizen's interest.'' ''The important projects we saw today at Ain Sokhna confirm the availability of abundant promising opportunities which will enable Egypt to address challenges thanks to dedication and perseverance of its people to build their nation and its national economy as well as to its leadership's ambitious, constructive measures. We are confident that Egypt has tremendous abilities and that its people will work hard to realise stability, growth and progress.'' For his part, Governor of Suez Major General El Arabi Al-Serwi expressed gratitude of Egyptian people to the U.A.E. for its generous support, which reflects the longstanding, solid rock bilateral ties.
The U.A.E. project in Egypt, he said would help the transport authority in Cairo to replace the long-serving public buses with new brand ones, ensuring high levels of safety and better services to passengers.
Dr. Sultan bin Ahmed Sultan Al Jaber, U.A.E. Minister of State, and Chairman of the Abu Dhabi Ports Company (ADPC), accompanied by Army Major General El Arabi Al-Serwi, Governor of Suez, toured the GB Auto, a leading manufacturer of bus and commercial vehicles, and Ain Sokhna Port, managed by U.A.E. terminal operator DP World, according to WAM.
At the GB Auto facility, Al Jaber viewed the final model of buses which the U.A.E. Project in Egypt will supply 600 of them to the Transport General Authority. 300 buses will be manufactured by U.A.E.-based bus manufacturers Hafilat Industries while the remaining 300 will be built by Egyptian auto importer and manufacturer Ghabbour Auto. The fleet will meet 30% of the public transport programme requirements of Greater Cairo and ease traffic movement.
Al Jaber said,'' The U.A.E. leadership's instructions are to continue supporting Egypt and implementing development projects in consistence with specific time schedule and specifications that cater to Egyptian citizen's interest.'' ''The important projects we saw today at Ain Sokhna confirm the availability of abundant promising opportunities which will enable Egypt to address challenges thanks to dedication and perseverance of its people to build their nation and its national economy as well as to its leadership's ambitious, constructive measures. We are confident that Egypt has tremendous abilities and that its people will work hard to realise stability, growth and progress.'' For his part, Governor of Suez Major General El Arabi Al-Serwi expressed gratitude of Egyptian people to the U.A.E. for its generous support, which reflects the longstanding, solid rock bilateral ties.
The U.A.E. project in Egypt, he said would help the transport authority in Cairo to replace the long-serving public buses with new brand ones, ensuring high levels of safety and better services to passengers.
Source:
Mubasher
