Egypt’s shipping and logistics market is estimated to be US$14.56 billion in 2024, with an expected growth of CAGR to US$18 billion by 2029 at 4.33 per cent, Amr El-Samadouni, Secretary-General, International Transportation and Logistics Services Division, Cairo Chamber of Commerce, said. “Activating ports as integrated logistics centres, linking them to global supply chains, and ensuring local and global integration will reduce costs and improve service quality,” he elaborated. “Investment opportunities in ports and logistics fields, feasibility studies, and learning from global port experiences are crucial for supply chain resilience and economic impact.” He called for increased cooperation and coordination among all stakeholders to address the challenges facing international transport and logistics. Port congestion resulting from global trade volume increases, ship and container shortages, and supply chain disruptions lead to delays in goods transport and higher transportation costs, he added.
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