Egypt on track to build new logistics centre in Alexandria within 5 months

The Federation of Egyptian Chambers of Commerce (FEDCOC) has completed a feasibility study on establishing a logistics centre in Alexandria within the next four and five months, said its chairman on Tuesday.

Ahmed El-Wakeel further told Amwal Al Ghad that the studies include the investment cost and the financing methods to build the centre over 80 feddans.

The logistics centre will help Alexandria restore its position as a business hub in the Middle East region, through attracting more exhibitions and conferences.