18 C
New York
Friday, October 18, 2024

Minister of Industry and Transport: We aim to make Egypt a regional center for trade

Minister of Industry and Transport: We aim to make Egypt a regional center for trade

Kamel Al-Wazir added that the government will work to exploit road and transportation networks and connect production areas with export and consumption ports, as the idea of ​​“logistics corridors” has been developed, which is based on linking production areas with export ports and consumption areas through free roads, advanced and modern railways, and environmentally friendly electric trains. To reduce carbon emissions.

The Minister expressed, during his speech in a special session within the activities of the second day of the First Cairo Forum, which is being held by the Egyptian Center for Economic Studies for the first time in… EgyptOn the importance of discussing the challenges facing the world, including political conflicts, continued work to confront changing climate conditions, and the accumulation of foreign debt, in addition to the aspirations of young people towards a better future.

The minister stressed that despite the ongoing conflicts in the world, which greatly affect the economies of countries, Egypt “stands on solid ground” and is able to overcome all challenges and cross the crises that the entire world is going through.

He stressed that there is a logistical corridor currently operating in October.Cairo – Alexandria. There is a draft law that was submitted to the House of Representatives about 7 months ago to establish a dry zone on the 10th of Ramadan for the benefit of one of the international MSC companies to operate a new logistics corridor. He explained that it has not yet been discussed, which necessitated sending a letter recently to the Speaker of the House of Representatives. To speed up discussion of the law.

He continued: “There is another logistical corridor currently operating, which is the “Taba – Al-Arish” corridor, which has been called a “magic corridor” that connects all the Gulf countries, Iraq and Jordan, and all trade is transported. Jordan to America Europe is currently passing through this corridor, and all incentives have been provided to the Jordanian side to make it a major corridor for transporting their trade through it, just as Libya’s trade is being transported from the port of Jarboub to Salloum.



Source link

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles