While the trucking industry, Egypt’s main form of freight transport, is being constrained by the reduction in fuel subsidies and the higher cost of imported fuel as a result of local currency depreciation, rail is primed for development. Egypt has a long history of rail transport. The country developed a rail network in the 19th century under...
While the impact of Egypt’s economic reform programme is being felt acutely in the transport industry, the sector has become a particular focus of investment attention. 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...
The government is hoping to ease congestion in Egypt’s major cities and transform local economies; however, these public-led urban transport initiatives are also being met with exclusive endeavours from the private sector. Indeed, tech start-ups are eyeing the transport sector as an area of opportunity in the market. Companies such as the US-...
Despite a difficult global environment, the authorities are forging ahead with plans to further develop the Suez Canal, and place it at the centre of the country’s economic growth and employment creation.
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