Egypt is the hub of world trade...a comprehensive plan for industry, transportation and development by 2030
Egypt is the hub of world trade...a comprehensive plan for industry, transport and development by 2030
The activities of the second session of the Cairo Forum kicked off yesterday in the presence of the Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Lieutenant General Kamel Al-Wazir. He delivered a speech during the opening session in which he expressed his gratitude for participating in the conference for the second time in a row. The forum reflects Egypt’s insistence on being a fundamental pillar in shaping a new economic future. A group of thinkers, officials and experts from 27 countries also participated in the opening session to discuss the most important economic and political issues. Global.
He also stressed that the “Cairo Forum” has become a gathering of elite minds and expertise to discuss ways to confront the world that is changing at a rapid pace, pointing out that the current version acquires a special dimension as it addresses the future of global trade in light of the current challenges that necessitate the restructuring of the economic corridors between the East and the West. He also stressed the necessity of a new, more balanced and just global economic system based on the transfer and circulation of technology, not its monopoly. He also stressed that The state’s vision is comprehensive in industry, transportation, infrastructure, training, and digital transformation, and that it was a practical response to the external turmoil that the world is suffering from.
Egypt’s efforts in confronting the global turmoil
He also pointed out that holding this forum in Cairo is clear evidence of Egypt’s belief in the importance of dialogue, solidarity, and exchange of experiences between institutions and countries regarding the current economic challenges, and His Excellency thanked the Egyptian Center for Economic Studies for organizing this distinguished forum.
The Minister believes that the current era is an era of “global turmoil” in its comprehensive form, as it is a turmoil in the trade and energy system, the rules of technology and knowledge, as well as in the concept of development itself, and is not limited to politics only. The year 2025 has proven that the challenges have become global in nature, with local impact, there is no difference between an advanced and a developing economy, and that the future is in the hands of those who have the ability to organize and see and have enough flexibility to overcome the surrounding fluctuations. In the midst of these fluctuations, Egypt chose the path of work and production and made sustainable development a means to enhance Stability and peace are not weapons of competition and conflict.
Opening of the Grand Egyptian Museum
The Minister touched on the most prominent exceptional event, which isthe opening of the Grand Egyptian Museum, which is the largest archaeological museum in the world that can accommodate a single civilization, describing it as one of the most important cultural achievements of the twenty-first century. This project was not just an ordinary engineering project, but a message from Egypt to the world, meaning that the standard of ancient nations is based on their ability to link their deep past and their future. Hadith.
Egypt Development and Development Plan
Speaking of development and sustainable development plans, His Excellency stated that the Egyptian state has launched a comprehensive project to reshape the economic and productive structure, including the infrastructure. The government has set a clear strategic goal, which is to transform Egypt into an industrial and logistical destination regionally and internationally, and to establish a production base capable of meeting the needs of the local market and exporting the surplus to global markets. He pointed out that the national approach to industry is based on the principles of sustainability and competitiveness, and also aims to raise the industry’s contribution to the domestic product to 20% by 2030, doubling job opportunities in the industrial sector, and expandinggreen industries to constitute 5% of the domestic product.
The most important axes of this comprehensive plan are the expansion of local industry, the operation of stalled factories, and the qualification of workers to suit the Fourth Industrial Revolution. In order to achieve sustainable development, Egypt launched 28 promising industries, led by engineering, electronics, food, pharmaceutical, and other industries, which makes Egypt able to compete regionally and internationally.
Egypt is also working on continental integration; As it is considered the heart of the African continent, through the African Trade Organization and benefiting from it as a major transit gateway to markets containing more than a billion people.
Developing the transportation network and infrastructure to achieve development
At the same time, the state worked to develop the infrastructure and transportation system as it is an essential element for industrial and investment development. He pointed out that in 10 years, Egypt succeeded in implementing projects worth more than two trillion Egyptian pounds, which included developing roads reaching more than 17 thousand kilometers, establishing 35 new axes, modernizing the railway system, and extending rapid transportation networks such as the high-speed train and the monorail.
In addition to integrated international development corridors that support Egypt’s transformation into a regional center for trade and logistics, linking production areas to sea ports, via safe and fast means of transportation, these corridors include: (Arish/Taba Corridor – Sokhna Corridor/Alexandria Corridor – Safaga/Qena/Abu Tartur Corridor – Cairo/Alexandria Corridor – Tanta Corridor/Mansoura/Damietta – Jargoub/Salloum Corridor – Cairo/Aswan Corridor/ Abu Simbel).
Stressing that Egypt has a strong desire to enhance its status as a global hub for trade and transport movement, working to link national logistical corridors with major regional and international corridors, especially the economic corridor linking India, the Gulf and Europe (IMEC); It is possible - with the completion of the implementation of the three logistical corridors: Taba / Al-Arish - Sokhna / Alexandria - Safaga / Qena / Alexandria - that Egypt will be a pivotal part of this global economic corridor. Egypt’s accession to this corridor may open new horizons for economic integration extending from the south-east to the north-west, linking the continents of Asia and Europe, and strengthening the position of the Suez Canal, the shortest and most efficient route for international trade. This is what the French President recently emphasized regarding the necessity of linking Egypt on the corridor. IMEC.
The Earth Guards Foundation believes that cooperation in the fields of investment, infrastructure, technology and energy is the best way to achieve comprehensive and sustainable development. It also believes that human building and increasing production are basic and indispensable factors in addition to economic work, investment and projects, and that Egypt still believes that there is no alternative to the construction and development movement to achieve stability, and it was and still is a bridge of communication between the East and the West. Past and future.
