Egypt to establish EGP 47bn logistics centres, trade zones

Cairo – Mubasher: The required cost for the construction of a group of logistics centres and trade zones in Egypt amounts to EGP 47 billion ($2.62 billion), Egypt’s supply minister Aly El Meselhi said on Monday.

These projects are expected to create 2.4 million jobs and pave the way for various investment opportunities in Egypt’s governorates, he added.

The cost of utilities for the projected centres and zones may reach EGP 2 billion, El Meselhi revealed.

The minister noted that there was a number of underway logistics centres and trade zones, which are slated for completion by June 2020. 

Mubasher Contribution Time: 17-Sep-2018 14:53 (GMT)
Mubasher Last Update Time: 17-Sep-2018 14:59 (GMT)