Essential to every country’s economy is a successful transport and logistics sector, one which will allow commercial activity to flow unhindered from production to consumption. A successful transportation system also facilitates access to raw materials, services and operating, all of which are essential for the success of any viable business venture. Egypt’s unique geographic location combined with an expanding infrastructure base is enhancing the country’s position as a key global logistics hub for companies looking to do business in, or trade between, Europe, Asia and Africa.
To create a solid foundation for the multitude of projects which are set to take place over the next decade, the government has created a 2030 plan which focuses on the transport sector, with the aims of making it an integrated, well developed system that satisfies national and global developmental needs.
Much of the plan is already underway, and you can read about the various projects completed in 2018 earlier in this book. Below you will find an overview of the sub-sectors which we believe will be will be important over the next few years.
New Means of Transport
The last couple of years have seen a surge in the introduction of car riding platforms such as Uber and Careem which have employed a significant portion of the nation, and modernized methods of Egyptian transportation.
As it stands, Cairo is Uber’s fastest growing city, and in their few years of operation in Egypt, they have already partnered up with the Nile Taxi service to provide ‘Uber Boat’, and last year they launched ‘Uber Bus’, a public bus service which operatse across all of Egypt’s governorates.
The undeniable success of such companies has inspired the likes of Egyptian start-up ‘SWVL’ to launch an app-based booking service for clean, new and efficient buses, which provide transportation at low prices.
Private bus transportation services, such as Uber buses, began operation at the end of ى2018 and have expanded operations in 2019.