The ordinary general assembly For the holding company for maritime and land transport

The ordinary general assembly for the holding company for maritime and land transport was held under the chairmanship of the engineer / Mohamed adel elmozy commissioned on the public business sector companies it was attended by representatives of the central auditing agency , and members of the general assembly and members of the board of directors of the holding company and representative of the ministry of investments to review  the board’s report on the activity of the holding company and the adoption of separate financial statements and consolidated financial statements for the fiscal year 2009/2010. 

The Admiral / Mohamed Ahmed Ibrahim Yousef - Chairman of the Board of Directors of the Holding Company report for the financial year 2009 / 2010 and reviewed the company's portfolio, which includes (16) subsidiary subject to the law (203) in addition to contributions in (18 companies) He pointed to the completion of transfer of ownership of General Nile Company for river transportation during the fiscal year 2009 / 2010 to the device industry, maritime services and thus were excluded from the portfolio of the Holding Company. 

He also presented the most important efforts in the framework of the program of development and modernization of transport sector companies as well as investments made in the three container handling companies at a cost of 147 million pounds, as well as update the fleet of passenger car transport companies at a cost of 81 million pounds.

Engineer / Mohamed Adel Al – mozy confirmed that the transport sector of all kinds is one of the most important pillars of development programs and improve the standard of living, one of the most important service sectors, which are directly related to the citizen.