Agility Public Warehousing Co., a Kuwait-based logistics company operating in more than 100 countries, plans to boost capital expenditure to increase annual Ebitda from USD500mn now to USD800mn in 2020, according to Tarek Sultan, Chief Executive Officer of Agility Public Warehousing. The company is "looking for capital" and needs financing to grow. Sultan said that emerging markets will continue to outperform developed ones, and e-commerce is a "key driver" of growth. Agility may issue bonds next year to fund expansion.
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