Transport
From The Report: Egypt 2019
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Better transport networks are not only key to fulfilling the country’s ambitions to raise trade volumes with international markets; they will also be useful in properly managing the ongoing urban development taking place across many parts of the country. To reach these goals an increase in private investment participation is required. Moreover, for Egypt to maintain its position as a global maritime transport centre, ongoing improvements in port capacity are key, as well as measures to improve the competitiveness of port operations. Government plans to expand cargo movement across the Nile River will open up opportunities for multimodal transport across the country, and a clear framework to attract more involvement of the private sector in the system should boost the construction and operation of river ports in the pipeline for construction. This chapter contains an interview with Mohab Mameesh, Chairman, Suez Canal Authority; and Chairman, Suez Canal Economic Zone.

Articles from this Chapter

Overview

Connecting the dots: Infrastructure expansion and the easing of transport networks remain priorities
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With concerted efforts aiming to put the country’s economy on a long-term growth path, Egypt has been progressively focusing on improving its transport infrastructure. Better transport networks are not only key to fulfilling the country’s ambitions to raise trade volumes with international markets; they will also be useful to properly manage the ongoing urban development taking place across many parts of the country. Improvements to existing infrastructure are necessary for Egypt to leverage…

Analysis

Rail revamp: Plans are under way to create a safer, more efficient railway network with additional freight capacity
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Despite the important role that railway transportation has had in Egypt’s economic development, and as a means to connect the southern rural areas of Upper Egypt to the more industrialised north, years of underinvestment have led to a diminishing performance of the national network. This has had a significant impact on the system’s safety and its overall contribution to transport across the country. Although the railway is commonly used by passengers, domestic rail cargo transport is…

Interview

Pivotal centre: Mohab Mameesh, Chairman, Suez Canal Authority (SCA); and Chairman, Suez Canal Economic Zone (SC Zone), on transforming Egypt into a transport and logistics hub
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Interview:Mohab Mameesh How are fluctuations in energy prices impacting shipping trends globally? MOHAB MAMEESH: Ship bunker fuel prices represent 40-50% of a vessel’s operation costs, and therefore account for a significant portion of the cost of shipping, which is in turn reflected in commodity prices. As oil prices started to rise again after the Organisation of the Petroleum Exporting Countries agreement in late 2016, the decrease in production led to an increase in bunker prices, which…

Analysis

Testing ground: Ride-hailing services face new regulations in a promising market
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Following a global trend, the expansion of ride-hailing companies in Egypt has skyrocketed. Firms such as San Francisco-based Uber and Dubai-headquartered Careem, which was acquired by the former in late March 2019 for $3.1bn, have taken advantage of Egypt’s large population and increasing smartphone penetration to expand across several of the country’s largest urban centres. However, opposition from traditional taxi businesses has raised the profile of the two firms and triggered not…

Overview

Skybound: Rapid expansion of global aviation industry propels investment
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The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual average passenger growth of 6.2% between 2012 and 2017. The manufacturer also estimated that by 2036 an additional 41,000 plane deliveries will need to be fulfilled in order to meet service needs for both passengers and cargo. To accommodate these…

Overview

Skybound: Rapid expansion of global aviation industry propels investment
OBG
plus

The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. According to Boeing, commercial airlines experienced annual average passenger growth of 6.2% between 2012 and 2017. The manufacturer also estimated that by 2036 an additional 41,000 plane deliveries will need to be fulfilled in order to meet service needs for both passengers and cargo. To accommodate these…