Prime Minister Mostafa Madbouly reviewed Egypt’s advancement in optimizing transit trade and re-export activities in a meeting on Tuesday, explained a cabinet statement.
The PM emphasized the importance of maximizing transit trade in Egypt, capitalizing on the nation's current ports and strategic positioning.
The session took place at the cabinet headquarters in New Alamein City and was attended by Kamel Al-Wazir, the Minister of Transport; Ahmed Samir, the Minister of Trade; and various other officials. Walid Gamal El-Din, Chairperson of the General Authority of the Suez Canal Economic Zone (SCZone), participated via video conference.
Al-Wazir highlighted the uptick in transit trade and the trends driving advancements in this field, highlighting the importance of such projects.
According to the statement, the Ministry of Transport aims to position Egypt as a global hub for trade and logistics, encompassing the development of both direct and indirect transit, improving service quality and performance levels at maritime ports.
This would require developing and expanding port capacities in terms of length, depth, and infrastructure, employing state-of-the-art operating systems for station management. It also involves the establishment of dry ports, logistics zones adjacent to ports, and distribution centers, as well as forming logistical corridors based on maritime ports and linking them with railways, both regular and high-speed.
The statement also emphasized the importance of forging partnerships with international firms for station management and sea transport routes, providing incentives and fostering long-term collaborations with global shipping companies, while ensuring seamless connectivity between Egyptian ports and global counterparts.
The ministry also aims to increase Egypt's stake in transit trade within the Red Sea and Mediterranean basins, recognizing the steady inflow of foreign exchange resulting from this sector.
The transport ministry has entered agreements with five international partnerships to oversee operations at five new stations.
Maritime port infrastructure is set to undergo a series of improvements, including the creation of 65 km of new platforms at depths ranging from 15-18 m, with the overall platform length across maritime ports will stretch to 100 km.
Wave barriers exceeding 15 km in length will be erected, while navigational channels will be deepened to accommodate large vessels. Internal port storage facilities will be established to facilitate direct transit trade and streamline customs procedures.
The Ministry is also working on refining the operational environment to limit container dwell time in ports, thereby amplifying station efficiency. This involves upgrading customs systems, enhancing inspection processes, and forging strategic alliances with key industrial and commercial nations. The aim is to transform Egyptian ports into pivotal centers for transit, exports, and re-exports.
The Prime Minister disclosed plans for the establishment of 15 dry ports and logistics zones nationwide, boasting a collective capacity of 6 million equivalent containers each year.
The dry port in 6th of October City is already operational across a 100-feddan area, with a storage and refrigeration zone established within Salloum's land port, spanning 21 acres.
Presently, the construction of the dry port and logistics area in 10th of Ramadan City, covering 250 feddan, is under construction. Plans are also underway to establish dry ports in Borg El Arab, Kom Abu Radi, Sadat, and Salloum.
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