Transport & Logistics
From The Report: Egypt 2020
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As Egypt seeks to integrate more fully into global value chains, the development of transport infrastructure is a vital part of the country’s long-term growth. The government has made investment in the transport sector a priority – both in an effort to increase foreign trade, and to reduce urban congestion and pollution. The sector has been substantially impacted by the Covid-19 pandemic, with international flights halted and pressure placed on logistics infrastructure to ensure the uninterrupted provision of essential goods. Although the likely global economic downturn following the pandemic will present challenges for the transport sector in the short to medium term, the country’s growing population, strategic location at the crossroads of various international trade routes, and steady demand for goods and transport services should ensure that the sector’s long-term prospects are positive.