Of all the plans envisaged for the Egyptian ports, privatisation is not one of them. When he announced expansion plans in 2014, Ibrahim El Demeiry, the former minister of transport, was quite adamant about the state retaining control of the nation’s 15 main commercial ports, which between them have 32.4 km of berths and cover an area of 481.54 sq km, counting both land and sea...
Egypt
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Articles & Analysis | Major terminals and cargo facilities are eyed for a number of ports from The Report: Egypt 2014
Articles & Analysis | Bold schemes are unfolding in a number of areas from The Report: Egypt 2014
It is almost as though the Egyptian transport industry has taken its theme tune from a children’s film. The sign out song of “Madagascar” is “We like to move it, move it”, and that is what everyone connected with transport in Egypt seems on a mission to achieve.
Articles & Analysis | Multibillion-dollar plans to upgrade and expand train network from The Report: Egypt 2014
The long and proud tradition that saw Egypt establish the first railway in Africa – running roughly 200 km from Alexandria to Cairo – in the mid-19th century continues as part of Egypt’s economic renaissance with multibillion-dollar projects ranging from high-speed links said to be capable of travelling at 350-km per hour (kph) to new carriages and safety devices. The network...
Articles & Analysis | Producers of fast-moving consumer goods are benefitting from rising demand in the country and the wider region from The Report: Egypt 2014
With a population of close to 90m, Egypt is the biggest consumer market in the MENA region and one of the largest emerging markets in the world. While average incomes are still fairly low – Egypt’s GDP per capita, according to the World Bank, reached $3314 in 2013 – the country presents a huge opportunity for manufacturers of fast-moving consumer goods (FMCGs). FMCGs encompass...
Articles & Analysis | Locating manufacturing in the country makes commercial sense for many large automotive companies from The Report: Egypt 2014
Unsurprisingly, given its comparative advantages as a manufacturing hub and its sizeable consumer market, Egypt is the third-largest car manufacturing country in Africa, after South Africa and Morocco, according to the International Organisation of Motor Vehicle Manufacturers (OICA). The automotive manufacturing sector has a range of major international brands present, as well...
Articles & Analysis | Consumer spending patterns shift as the country returns to stability from The Report: Egypt 2014
A large and growing population, restored economic growth and low penetration all make Egypt’s retail market a strong prospect for investors. Household retail spending was worth about $90.3bn in 2013, according to the General Authority for Investment and Free Zones (GAFI), a state agency, and is expected to keep rising at a steady clip over the next few years. Modern retail...