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Minister: Cost of upgrading transport sector to reach EGP 2tr by 2024

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Home Egypt

Minister: Cost of upgrading transport sector to reach EGP 2tr by 2024

by Gazette Staff
October 1, 2023
in Egypt, Business
Minister: Cost of upgrading transport sector to reach EGP 2tr by 2024 11 - Egyptian Gazette
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Egypt’s Transport Minister Kamel el Wazir said Sunday that a 10-year plan to upgrade all sectors of the transport system ending in July 2024 costs some two trillion pounds.

Addressing a session tackling national and infrastructure projects on the second day of the “Story of a Homeland” conference, Wazir said the plan covers all sectors, including roads, bridges, railways, tunnels, electric traction, ports, logistics zones and river transport.

He expected the total cost of upgrading the transport system to reach three trillion pounds by 2030.

Tags: EgyptsectorTransport

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