Transport

From urban transit to seaports and airports, the country’s transport network is poised for a significant upgrade. Although demand is unpredictable and subdued in certain segments, the emphasis on developing strong transport infrastructure should provide opportunities to investors and operators alike. In the third quarter of FY 2016/17 the transport and storage sector grew at a rate of 4.4%, just above that of the overall economy, which expanded by 4.3%. As economic growth picks up speed, there will be plenty of opportunities for growth in operations and services, and the government is seeking to ensure that the country has the necessary infrastructure to meet heightened demand.

This chapter contains interviews with Safwat Musallam, Chairman, Egypt Air; and Ayman Khattab, President and CEO, General Electric (GE) North East Africa; and Vice-President, South Gulf and East Africa, Baker Hughes GE.