Transport

Egypt Transport 2013
Egypt has long served as one of the world’s oldest transport hubs. For millennia, its position, straddling major trade routes between Asia, Africa and Europe, has made the country a commercial and cultural crossroads, and since 1879 it has been home to the Suez Canal, through which 10% of the world’s total trade volume passes. Thanks largely to the canal, the transport sector has helped to buffer the country from worst-case scenarios amidst recent political upheaval. However, investment was down in early 2013 at $647m, 35% lower than the same period of 2012. While the transport sector in Egypt continues to suffer from the cumulative effects of years of underinvestment, there is a new awareness of its importance to the rest of the economy and a keenness to incorporate more private investment to the sector’s development. This chapter contains an interview with Simon Brown, Managing Director, Maersk Line Egypt.
Cover of The Report: Egypt 2013

The Report

This chapter is from the Egypt 2013 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Simon Brown, Managing Director, Maersk Line Egypt
OBG talks to Simon Brown, Managing Director, Maersk Line Egypt