The partnership holds opportunities for the use of natural synergies between the two partners to jointly explore further trucking, logistics, warehousing, freight forwarding and supply chain and inland container depot businesses, both in Turkey and in the wider region. It will factor in Gulftainer’s international network and contacts with Demas’ knowledge of the wider Turkish market.
This is Gulftainer’s fourth overseas project, adding to existing ventures in Kuwait, Pakistan and the Comoros Islands. Gulftainer director and general manager Peter Richards commented, “Our company has operated and managed the container terminals in Sharjah and Khorfakkan, which have become synonymous with record-breaking performance and reliability, for over 30 years. We realised about three years ago that we had much to contribute to activities outside the UAE in the broader field of transport and logistics, and our recent international ventures have reflected this policy.”
He continued: “We are very excited about this latest development with Demas in a part of the world that is not only expanding rapidly but also shares close ties with our home base in the UAE. We are confident that we will have many reasons to celebrate this Turkish link in the years to come.”