Cairo – Mubasher: The General Authority For Ports & Dry Land has implemented 93% of its investment plan with EGP 155 million, including the development of Taba land port and the first phase of securing the authority’s ports.
The authority has achieved a surplus of EGP 129 million for fiscal year 2017/2018, up from EGP 47 million than estimated, the Egyptian transport ministry said in a statement on Tuesday.
This came on the sidelines of a meeting between the board of the General Authority For Ports & Dry Land and the transport minister Hisham Arafat at the ministry’s headquarter.
The ministry will follow an integrated plan to build several dry ports and logistic areas to serve the commercial community and transport goods to and from these ports through railway network, Arafat highlighted.
Dry ports and logistic areas will be established in the 6th of October city, the 10th of Ramadan, Sadat city, New Burj Al Arab, New Beni Suef, and New Sohag, the minister indicated.
