CAIRO — The Suez Canal Authority is weighing a specialised marine-construction company in Kenya with Tunasco, seeking to turn Egyptian capabilities in dredging, shipbuilding and port engineering into exportable services for East African infrastructure markets.
SCA Chairman Osama Rabie and Tunasco Chairman Abdul Wali Sharif discussed the proposed venture on September 30, with the authority represented by its subsidiary Timsah Shipbuilding Company. The company would target port works and marine construction in Kenya, alongside dredging, marine-unit construction and training.
The talks advance a commercial relationship established on July 20, when Timsah signed a strategic cooperation and representation framework with Tunasco covering expansion in the Kenyan market.
Kenya offers a growing addressable market. Mombasa handled a record 45.45mn tonnes of cargo and 2.11mn TEU in 2025, while Kenya Ports Authority continues investing in capacity expansion and port modernisation.
The initiative would extend the SCA’s commercial reach beyond its core canal operations by exporting maritime-industrial capabilities developed around the waterway.
No company has yet been incorporated, and no capital structure, investment value or Kenyan port contract has been disclosed. The next test is whether the partnership progresses from representation and technical cooperation into an operating platform capable of competing for East African marine-infrastructure work.
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