Egypt ranks 45th at Road Quality Index: Transport Minister
CAIRO – 20 February 2019: Transport Minister Hisham Arafat said on Wednesday that investors put a set of indicators into consideration before investing in any country, including the logistic performance.
In an interview with CBC satellite channel, the minister affirmed that Egypt has managed to provide an exceptional performance in developing the infrastructure.
He pointed out to development in a number of logistic fields including the roads system, railway services and ports services.
Arafat also said that Egypt reached the 34th rank in the Road Quality Indicator, up from the 117th position, pointing out that President Abdel Fatah al-Sisi has issued directives in the development of customs performance at Egyptian ports.
Moreover, during his participation at a Tuesday session organized by the American Chamber of Commerce in Cairo, Arafat said the ministry is implementing a meticulous and comprehensive development plan to turn Egypt into an international hub for transportation and logistics.
The ministry will also upgrade the customs system, he said, noting that the one-stop shop mechanism will be effective as of June 2020.
Arafat further noted that the ports development projects being implemented by the ministry and the Suez Canal Authority stand at EGP 71.156 billion.