Egypt’s transport minister negotiates with World Bank transport projects
Transport Minister Hisham Arafat discussed with Vice President of the World Bank for Africa region Makhtar Diop cooperation opportunities in the transport field.
Arafat said transport is one of the vital service sectors in Egypt that is closely linked to other sectors.
He said transport networks are the main infrastructure on which all economic and social development projects are based.
That’s why the ministry is carrying out a comprehensive development plan to upgrade transport networks and link them to regional ones to increase the volume of trade with neighboring countries.
The two sides discussed the possibility that the World Bank would finance special studies conducted on twining the rail distance from Alexandria/Manashi/Imbaba and Manashi/6th of October roads.
They agreed on holding several workshops to get global companies acquainted with available investment opportunities in the transport field.
Deputy President of the Railway Service Khaled Farouk and other senior officials in the railway sector attended the talks.