Egypt Zones accountACCOUNT

Egypt's Qalaa Holdings to Establish 2 Railway Lines in Eastern Africa

Source: www.export-egypt.com 1/10/2024, Location: Africa

Share |
Minister of Transport Kamel al-Wazir stated in a meeting with the Rwandan ambassador that Qalaa Holdings would implement a railway line between Tanzania's Dar Al-Salaam Port and Burundi, passing through Rwanda's Kigali, and another between Kenya's Mombasa Port and Uganda.

It is noted that Rwanda is a landlocked country that relies on Kenya's Mombasa Port and Tanzania's Dar Al -Salaam Port for import and export.

In that context, the meeting tackled establishing a logistic zone in Rwanda to store Egyptian exports.

The minister also noted the salience of the Vic-Med project aiming to connect Lake Victoria with the Mediterranean through the 11 Nile Basin countries, including Rwanda.

The project requires rehabilitating 6,600 kilometers of the waterway; implementing a number of constructions to overcome natural barriers; revamping some existing inland ports and building new ones; introducing multimodal transport in some areas; establishing vocational training centers specialized in inland transport; and modernizing fleets of member states.

Further, various countries, including Rwanda, can be linked to Cairo-Cape Town Road, which Egypt aims to establish to bolster trade exchange between African states.

The road will stretch on 10,228 kilometers, including 1,155 kilometers in Egypt, crossing nine countries that are Egypt, Sudan, South Sudan, Ethiopia, Tanzania, Kenya, Zambia, Zimbabwe, and South Africa.

The minister and the ambassador equally discussed cooperation in human capacity-building, technical collaboration in constructing roads and bridges, and boosting trade exchange leveraging the African Continental Free Trade Agreement (AfCFTA) that went into effect in 2019.

Financials and Investment News in Egypt >>

Egypt >>  11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
Egypt >>  11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...

Egypt >>  11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...

Egypt >>  11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.

The Cabinet is set to add...





Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.