Egypt

Egypt to establish trading area along Sudan border

The Egyptian Company for Land, Dry Ports and Logistical Areas, which operates under the Ministry for Transport, signed a memorandum with the Trans Export Company on Tuesday to establish a trading area in Port Qustal, bordering with Sudan.

The trading area will include a logistical area, a space to develop agricultural projects, a veterinary quarry, and a slaughterhouse to enhance trade between Egypt and Sudan.

Ezzat al-Khated, CEO for the Egyptian Company, said that this agreement comes as part of the Transport Ministry’s framework to develop logistical projects, provide infrastructural service, and develop industrial projects to increase trade between Egypt and countries south of its border.

The infrastructural development of an area totaling 575,000 sq meters, as well as the provision of a power station, industrial sewage, the construction of roads, and an integrated service station for trucks, will contribute towards boosting trade between Egypt and African countries, he added.

He confirmed that a veterinary quarry and slaughterhouse has been certified by the General Authority for Veterinary Services. A general customs warehouse for receiving goods and agricultural products from Sudan, exporting products from Egypt, and for transit goods, has also been certified.

Edited translation from Al-Masry Al-Youm

 

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