Transport & Logistics
From The Report: Egypt 2022
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While the 2020-22 period saw supply-chain disruptions, the high number of transport projects under development has helped to bolster Egypt’s transport and logistics prospects. Indeed, 30,000 km of new roads are set to be completed by the end of 2024, and in May 2021 the government signed a memorandum of understanding to begin the development of the Bus Rapid Transit project on the Cairo Ring Road. These efforts will also integrate Egypt more fully into global value chains, a long-standing priority given the country’s advantageous position between Europe, the Middle East and Africa. However, financing remains a hurdle. To solve this, the government has continued to liberalise market access to attract private capital and close the funding gap. This chapter contains an interview with Ramy Salah Eldeen, Managing Director, Alstom Egypt.