Dr. Mustafa Badera, an economic expert, praised recent expansions and inaugurations at Egyptian ports, describing them as integral to a comprehensive national strategy launched in 2014. He emphasized that Egypt is transitioning from being merely a transit corridor for maritime traffic to becoming a global logistics and commercial hub capable of attracting billions of dollars in foreign investment. n nAccording to Badera, under the leadership of President Abdel Fattah El-Sisi, Egypt has pursued an ambitious vision to enhance the added value of the Suez Canal corridor. This strategy goes beyond collecting transit fees by focusing on upgrading and expanding 14 Egyptian ports, while also establishing integrated industrial and logistics zones designed to serve global trade and attract major shipping lines. n nThe expansion of port areas aims to offer a full suite of logistics services that appeal to international investors. Badera noted that modern investors seek more than just geographic location—they require stable legal frameworks and comprehensive support including transportation, distribution, and manufacturing capabilities. The integration of ports with industrial zones and Egypt’s upgraded road and rail networks generates tangible economic value. n nThese developments are also intended to localize high-tech industries such as automotive production, including glass and battery components, as well as future-oriented sectors like clean and green energy panels. This direction aligns with Egypt’s international commitments with the United Nations and the European Union, enhancing the country’s appeal to global capital. n nBadera stressed that significant state efforts are being made to train skilled technical and industrial labor, which serves as a key incentive for investors. Combined with advanced infrastructure and an attractive regulatory environment, this positions Egypt as a preferred destination for investment and will contribute meaningfully to national economic growth in the coming years. n— news from (اليوم السابع)n
— News Original —nEconomic Expert: Port Development Enhances Egypt’s Position as a Global Commercial and Logistics Centern nDr. Mustafa Badera, an economic expert, praised the new inaugurations and expansions at Egyptian ports, considering them part of a comprehensive strategic vision adopted by the Egyptian state since 2014 to transform Egypt from merely a passage for ships into a global logistics and commercial hub capable of attracting investments worth billions of dollars. n nComprehensive Strategic Vision n nEconomic expert Dr. Mustafa Badera explained during a statement on Extra News channel that since 2014, the Egyptian state, led by President Abdel Fattah El-Sisi, has begun implementing an ambitious vision to increase the added value of the Suez Canal axis, noting that this vision did not focus solely on collecting transit fees, but extended to developing and expanding 14 Egyptian ports and establishing integrated industrial and logistics zones to serve global trade and attract major shipping lines. n nAdded Value and Logistics Services n nEconomic expert Dr. Mustafa Badera confirmed that the goal of expanding port areas is to provide a comprehensive package of logistics services that attract investors, adding that investors do not only seek a location, but also a stable legislative environment and integrated services including transportation, distribution, and manufacturing, pointing out that the integration of ports with industrial zones and the modern network of roads and railways creates real added value for the Egyptian economy. n nLocalization of Modern Industries and Green Energy n nThe economic expert Dr. Mustafa Badera pointed out that these projects aim to localize modern, high-tech industries such as car production and its components including glass and batteries, in addition to focusing on future industries such as panels for clean and green energy, affirming that this direction aligns with international agreements signed by Egypt with the United Nations and the European Union, enhancing the region’s attractiveness to global investments. n nTraining Technical Cadres and Attracting Investments n nEconomic expert Dr. Mustafa Badera emphasized that the state is giving great attention to training skilled technical and industrial labor, which is a key factor in attracting investors, considering that providing trained labor, along with advanced infrastructure and an attractive legislative environment, solidifies Egypt’s position as a preferred destination for investments and contributes to achieving added value for the national economy in the coming years.