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PM Highlights Africa's Development Opportunity
The Prime Minister of Egypt, Dr. Mustafa Madbouly, received confirmations regarding the importance of economic and logistical interconnectedness as a key determinant of development and competitiveness. He pointed out that recent developments in the global economy have led to the view that transportation and logistics systems are essential components of economic security and resilience in the face of crises. He emphasized that "development corridors" should be viewed as integrated systems connecting production regions with consumption centers, combining transportation, energy, telecommunications, and logistics services. It is also necessary for planning to include projects that are synchronized with urban and industrial growth. He affirmed that the success of these corridors requires linking assets within a unified system that creates economic value, and developing urban cities along their paths—such as New Alamein City—capable of accommodating economic and service activities, thereby supporting genuine growth and sustainable development in Africa.
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