24 Hrs_1777352142843_145525226.png&w=48&q=75)
Source:
الوطن
Egypt's logistics market to reach $14.66B by 2031
The article discusses the expectations for the logistics services market in Egypt, which is projected to reach a value of $14.66 billion by 2031. It confirms that major continental connectivity projects and large infrastructure initiatives, such as the Cairo–Cape Town Corridor and the transport corridor between Lake Victoria and the Mediterranean Sea, will strengthen Egypt's position as a regional hub for trade and logistics services. These developments are expected to help reduce transportation costs and increase trade exchanges with African and Arab countries. The article also notes the growth of the shipping and logistics market from $10.93 billion in 2025 to an anticipated $14.66 billion in 2031, with a compound annual growth rate of approximately 5.04%. Additionally, the shift towards digitalization and the development of infrastructure, including ports and transportation, play a key role in enhancing the efficiency of the sector and attracting global investments.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)