Today, President Abdel Fattah El-Sisi held a meeting with Dr. Mostafa Madbouly, Prime Minister, and Lieutenant General Kamel Al-Wazir, Minister of Transport.
Counselor Ahmed Fahmy, the official spokesperson for the Presidency of the Republic, stated that during the meeting, the President was briefed on the developments of the intensive efforts, in which the state is participating with the local and foreign private sectors, to establish integrated development logistical hubs, linking production areas of all kinds with seaports, which are being developed into hub ports. With a world-class level and huge absorptive capacities, and equipped with various logistical areas, so that this is integrated with the modern transportation network, including roads, axes and railways, in a way that provides the required ingredients to transform Egypt into a center for global trade and logistics, with the great returns that this achieves for the national economy.
In this context, the ongoing efforts 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 project to establish a railway line between Al-Arish and Taba, to establish a new logistical hub, which achieves a breakthrough in the process of transportation, were presented. Transportation of goods and trade through the link between the Mediterranean Sea and the Gulf of Aqaba.
The official spokesman indicated that the President directed the government to prepare an integrated package of incentives, exemptions and facilities, in a number of industrial and logistical areas in Egypt, to encourage transit trade, manufacturing, export and re-export operations, with the aim of giving a strong impetus to these sectors and increasing their competitive advantages, and maximizing the benefit of what has been built from An advanced infrastructure in this regard, which contributes to increasing Egypt’s share in the global trade market, and opening new markets for Egyptian products and exports.
The spokesman for the Presidency of the Republic added that the President was also briefed on the executive position of the process of developing and rehabilitating the two metro lines, the first with a length of 44 km, and the second with a length of 22 km, in addition to the ongoing work to establish the fourth metro line with a length of 42 km, and the President directed in this regard to give importance To improve the level of service and maintain this important national facility, and to continue work to localize the industry and deepen the local manufacturing of metro components, within the framework of the state’s general strategy to strengthen the national industry.