Khaled Hanafi, the Supply and Internal Trade Minister, announced the ministry's decision to study the building of the largest electronically-linked modern transport network, which would transport goods and grains, internally and externally. It is also looking at establishing five logistics centers to store grain, vegetables and fruits, as well as two ports with investments estimated at approximately LE1 billion.
The project will provide 6,000 direct job opportunities, he added.
The Supply Minister made the announcement Thursday after a meeting with Tamer al-Mahdy, deputy head of Orascom, Essam Shahib, business development manager of ARAMEX company for the African region, Mahmoud Abdel Hamid, head of the Holding Company for Silos and Storage, Ibrahim Hassanein, Chairman of the Holding Company for Food Industries, Mohamed Badr, Vice-President of the General Committee of Foreign Aid, and Yasser Abbas, Vice-President of the Internal Trade Development Authority.
These projects will be set up through an alliance between Orascom, Aramex and the Internal Trade Development Authority on plots of land owned by the Supply and Internal Trade Ministry, the minister said.
The modern transport network will include appoximately 1,500 trucks that are electronically linked through GPS for the transfer of wheat and grain. The logistics centers and ports will be dedicated to storing grains, vegetables and fruits.
These projects will lead to raising the efficiency of supply chains for the Supply Ministry's consumer complexes and outlets, will reduce wasted goods during the transfer operation, will provide goods at discounted prices and will provide direct and indirect job opportunities.
Edited translation from MENA
