Egypt’s supply ministry to establish logistics zones

Cairo – Mubasher: Supply minister Ali Al Moselhi has met top officials from Elsewedy Electric, Majid Al Futtaim, and Carrefour Egypt to discuss the investment opportunities in new mega-markets and logistics hubs, according to an official statement.

President Abdul Fattah Al Sisi called for building more logistics hubs and allocating utility-equipped land plots to the development of internal trade, Al Moselhi added.

The minister stressed that the Egyptian market is very promising and that the internal trading sector needs major investments, noting that the sector is profitable in the short-term.

The supply ministry is working on boosting investment through various measures including the reclamation and offering of lands, the minister said.

Mubasher Contribution Time: 18-Mar-2018 14:22 (GMT)
Mubasher Last Update Time: 18-Mar-2018 14:34 (GMT)