President El-Sisi Meets Prime Minister, Minister of Transport
Yesterday, President Abdel Fattah El-Sisi met with Prime Minister Moustafa Madbouly and Minister of Transport Kamel El-Wazir.
Spokesman for the Presidency Counselor Ahmed Fahmy said the President was briefed on developments pertinent to the state efforts, in participation with the local and foreign private sectors, to establish integrated development logistical hubs that link production areas with seaports, which are being developed into world-class ports with huge capacities and equipped with various logistical zones. This shall integrate with the modern transport network and offer requirements to transform Egypt into a hub for global trade and logistics, achieving huge returns for the national economy.
Ongoing efforts were outlined to develop the shipping system, maritime and land transport, direct and indirect transit trade, the process of developing integrated solutions for the transport and handling of containers and goods across Egypt, and the establishment of a railway line between Arish and Taba to establish a new logistical hub, which achieves a leap in the process of transportating goods and trade by connecting the Mediterranean Sea and the Gulf of Aqaba.
The President instructed the government to prepare an integrated package of incentives, exemptions and facilities in a number of industrial and logistical zones in Egypt to encourage transit trade and manufacturing, export and re-export operations, with the aim of giving a strong impetus to these sectors, increasing their competitive advantages and maximizing the benefit of the advanced infrastructure constructed in this regard, so as to contribute to increasing Egypt’s share in the global trade market and opening new markets for Egyptian products and exports.
The President was also briefed on the status of developing two metro lines; the first with a length of 44 km and the second with a length of 22 km, in addition to work underway to establish the fourth metro line with a length of 42 km. The President gave directives to accord importance to improving the service and preserving this important national facility, while continuing work to localize the industry and deepen local manufacturing of metro components, within the framework of the state’s general strategy to strengthen the national industry.President El-Sisi Meets Prime Minister, Minister of Transport
Saturday, 13 May 2023 / 05:10 PM
Local
Today, President Abdel Fattah El-Sisi met with Prime Minister Moustafa Madbouly and Minister of Transport Kamel El-Wazir.
Spokesman for the Presidency Counselor Ahmed Fahmy said the President was briefed on developments pertinent to the state efforts, in participation with the local and foreign private sectors, to establish integrated development logistical hubs that link production areas with seaports, which are being developed into world-class ports with huge capacities and equipped with various logistical zones. This shall integrate with the modern transport network and offer requirements to transform Egypt into a hub for global trade and logistics, achieving huge returns for the national economy.
Ongoing efforts were outlined to develop the shipping system, maritime and land transport, direct and indirect transit trade, the process of developing integrated solutions for the transport and handling of containers and goods across Egypt, and the establishment of a railway line between Arish and Taba to establish a new logistical hub, which achieves a leap in the process of transportating goods and trade by connecting the Mediterranean Sea and the Gulf of Aqaba.
The President instructed the government to prepare an integrated package of incentives, exemptions and facilities in a number of industrial and logistical zones in Egypt to encourage transit trade and manufacturing, export and re-export operations, with the aim of giving a strong impetus to these sectors, increasing their competitive advantages and maximizing the benefit of the advanced infrastructure constructed in this regard, so as to contribute to increasing Egypt’s share in the global trade market and opening new markets for Egyptian products and exports.
The President was also briefed on the status of developing two metro lines; the first with a length of 44 km and the second with a length of 22 km, in addition to work underway to establish the fourth metro line with a length of 42 km. The President gave directives to accord importance to improving the service and preserving this important national facility, while continuing work to localize the industry and deepen local manufacturing of metro components, within the framework of the state’s general strategy to strengthen the national industry.
