Thursday 10 June 2021
Lieutenant-General Kamel Al-Wazir, Minister of Transport, said that the Ministry of Transport has a large number of promising investment projects, and the great interest the ministry gives to the participation of the private sector in the projects of the Ministry of Transport.
The Minister reviewed a number of models; such as contracting with the French RATP; To manage the third line of the metro and the LRT light electric train, the management of the monorail projects, the high-speed electric train, and multi-purpose stations in Egyptian ports will be entrusted to international private sector companies, in addition to the Ministry’s implementation of a plan for the participation of the private sector in the field of railway sleeping and cleaning management, and the conversion of railway workshops to companies.
This came during the participation of Lieutenant General Kamel Al-Wazir, Minister of Transport, today, Wednesday, via video conference technology, in the first meeting of the Transport and Logistics Infrastructure Committee of the Egyptian British Association of Businessmen and Chambers of Commerce, with the participation of Ambassador Tarek Adel, Ambassador of Egypt to the United Kingdom, and Inessa Dati, Regional Director of the Commercial Office In Cairo (on behalf of the UK ambassador to Egypt), heads and representatives of 20 major companies, banks and international British institutions.
The minister stressed that there is an ambitious plan to introduce the private sector in the field of sleeping cars; The proposal was made through Simav, to supply 200 luxury sleeping cars to serve the tourism movement and to encourage the entry of the private sector in this field.
The Minister of Transport added that the implementation and financing of projects focuses on three pillars: the first is to submit projects to international organizations, institutions, and international banks, and the second, in the absence of financing, is negotiated with specialized international companies that have special financing for the projects; So that this financing includes a simple interest, and long grace and payment periods, provided that the Egyptian companies carry out civil and ordinary works, and cooperate in the settlement of the transport industry in Egypt. The third pillar is to offer projects to participate with the private sector through the Partnership Unit with the Private Sector at the Ministry of Finance.
The Minister of Transport stressed that all projects of the Ministry of Transport are carried out efficiently, quickly and in accordance with the directives of the political leadership, and that whenever companies are serious about negotiating, agreements are terminated more quickly.
The Minister noted the readiness of the Ministry of Transport to cooperate with British companies in the field of safety and in the management of malls and garages for electrical traction projects. Such as the monorail and the LRT monorail, as well as cooperation with Cross Real International to sign a memorandum of understanding for joint cooperation.
The minister indicated that the Ministry of Transport considers green transport one of its first concerns, and that the Ministry of Transport has adopted important policies in all the various transport sectors; To achieve this system, he referred to the implementation of the subway projects, the light rail (LRT), the network of rapid electric trains, monorail, and BRT buses that will run on the ring road, as well as gas buses that will run within the administrative capital, all of which are clean and environmentally friendly means of transportation, as well as attention to sustainable green transportation in the areas of Roads, bridges, river and sea transport.
The minister called on British companies to participate in the Trans 100 Exhibition for Transport and to present their projects in this exhibition, in which international companies specialized in the field of transport participate.
The minister thanked and appreciated all efforts made to enhance Egyptian-British cooperation, stressing his confidence in the success of this mission, which is an extension of the distinguished historical relations that bind our two friendly countries, wishing the Egyptian-British relations further progress and prosperity.
Speaking about the most important future projects within the framework of Egypt’s Vision 2030, the minister stressed that in the field of road and bridge projects, projects are implemented with national funding and by Egyptian national companies. With regard to the ministry’s projects implemented in an English partnership, the minister referred to the two construction projects of the Capital Monorail and October 6 projects and the project Supplying 50 new tractors and rehabilitating 50 tractors, reviewing investment opportunities in transport sector projects, including railway projects offered for investment; Such as the construction of a railway between Al-Manashee and 6th of October City, the construction of a railway between Al-Manashy and 6th of October City, and the construction of a railway for transporting goods in Belbeis / Tenth of Ramadan / Al-Rubiki, in addition to the projects proposed for investment in the National Authority for Tunnels; Including the project of establishing, managing, operating and maintaining the sixth line project for the metro, as well as projects in the field of maritime transport offered for investment, including the projects of the Alexandria and Dekheila Ports Authority; Such as managing and operating a multi-purpose and container terminal (berth 100) at Dekheila port, and managing and operating the dry bulk terminal at Dekheila port in the area between berth 92 and Midtap berth.
The minister reviewed a number of projects, such as the project of managing and operating a multi-purpose terminal (containers – general cargo) in Safaga, explaining the projects of the Damietta Port Authority, such as the project of managing and operating a multi-purpose terminal behind the western barrier, as well as the projects of the dry ports sector and logistical centers offered for investment; For example, the project to establish a logistic center on an area of 300 acres adjacent to the dry port in the Sixth of October. With regard to river transport projects, the Minister referred to the projects proposed for investment, namely the establishment, operation and management of new river ports with a usufruct licensing system, including a project to establish, manage, operate, exploit and re-delivery the river port of Dandara in the Governorate Qena and a project to establish, manage, operate, exploit and re-delivery the river port of Al-Mansha’ in Sohag Governorate