General Strategic target for Maritime Transport Sector
- The effective contribution in the development of national economy through
foreign trade facilitation has created new job opportunities which lead to solve
unemployment and sur-population problems by activation of current entities,
also raising performance rates to it in all highest level maritime transport elements,
particularly the main ports and commercial fleet, in order to attain the international
competition level, as well as exploiting hinterland in main ports by establishing
value added investment projects performed by private sector.
Maritime Transport Sector strategic target
- The Egyptian fleet should carry 10% of Egyptian foreign trade (currently 5%) in
addition to supporting maritime services sector (towage – pilotage –
maritime services related to petroleum and gas platform and drillers etc...
), developing ship, fishing vessels and yachts building, as well as engaging private
sector in all maritime transport activities: stevedoring companies, shipping agencies,
shipping lines, buying and renting vessels, maritime services.
Ports strategic target
- Transferring main and specialized ports to become a development locomotive for Egyptian
economy as well as neigh boring governorates and cities (Edco port investments reaches
9 billion E.P, 10 billion m3 gas: 306 m3 are exported per year), focusing on engaging
private sector in exploiting hinterland.
- Focusing on transit trade to take advantage from Egyptian location and the current
increase of international trade development rates passing through Egypt, as well
as conditions of neighboring ports. Also taking into consideration transferring
ports to the 5th generation to become logistic centers and one of the
multimodal transport links able to face international wild competition, and to attract
private and foreign investments in the field of superstructure management according
to landlord concept and also in the field of value added industries investments
inside the port as well as in hinterland area – using international ports
performance indicators (PPI) – and using electronic management as the first
link of Egyptian society to deal with electronic trade.