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Transport ministry studies establishment of new companies in the field of maritime transport with Arab countries

Transport ministry studies establishment of new companies in maritime transport sector and logistics with Arab countries during the coming period to increase volume of commercial exchange in between according to the minister sayings. He also said that the ministry has agreed with a number of Arab countries to make alliances aiming at establishing maritime companies being in charge of operating navigational lines between Arab countries.  

 He also added that the target of establishing such companies is exporting cargo from Arab countries to Europe and East Asia with competitive prices through exporting in a compiled way to lessen shipping expenditures.

 Arafat has also pointed out that the ministry suggests necessity of establishing a common Arab data center including all investment opportunities in each country separately   so that the investor get acknowledge with  opportunities existing in every country on its own.