Friday 22 Nov
Dr. Amr El-Samadouni, Secretary General of the International Transportation and Logistics Services Division called for increased private sector involvement in managing major logistics zones. He emphasized the private sector's financial qualifications and technical expertise as essential components for bolstering the economy.
These statements follow recent news of a holding company established by the Ministry of Transport to oversee maritime and land transportation. This company will serve as an investment vehicle for developing and operating large-scale logistics hubs in the hinterland of the ministry's ports.
Samadouni today emphasized the
government's strong support for the transportation and logistics sector, aiming
to drive development and service improvements. He highlighted logistical
integration and public-private partnerships as core elements of the National
Transportation and Logistics Strategy. Egypt's progress in the sector is
evident in its 10-place jump in the global logistics performance index, from
67th in 2018 to 57th in 2023. The country's score increased from 2.82 in 2018
to 3.1 in 2023.
He urged the government to create
substantial opportunities and carefully planned, serious projects, while
maximizing the advantages of public-private partnerships.
He emphasized that building
successful partnerships requires a robust investment climate and tangible
incentives to attract private sector involvement. Most importantly, he stressed
the government's need for genuine commitment to fostering these partnerships.
Highlighting the crucial link between transportation, logistics, and the private sector, he asserted that this relationship is essential to achieving the goals of the National Transport and Logistics Strategy. He underscored the private sector's pivotal role as a primary partner and foundation of the strategy, recognizing its indispensable contribution to long-term sustainability.
