Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    SCZONE showcases investment opportunities to eight Japanese companies    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt prioritizes land route project with Chad to strengthen trade, economic integration
Published in Daily News Egypt on 18 - 02 - 2025

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, began his visit to N'Djamena, Chad, by participating in the opening session of the International Forum for Infrastructure Development of Chad (FIDIT). The event was attended by Chadian Prime Minister Allamaye Halina and representatives from international financial institutions.
During his speech, Al-Wazir reaffirmed Egypt's strong commitment to the land route project, which links Egypt, Libya, and Chad. He described the initiative as a crucial artery for development and cross-border trade, emphasizing its strategic role in deepening economic integration between Egypt and Chad. The project aims to position Chad as a major commercial hub, connecting trade routes from the Red Sea to the Atlantic Ocean.
The road network is divided into three sections. The first section, spanning 400 kilometers within Egyptian territory from East Al-Owainat to the Kufra border post, is currently under construction by Egyptian companies. The second section, which stretches 390 kilometers through Libya, is under study. The third section, extending 930 kilometers from the Libyan-Chadian border to Abéché via Am Ghriss, is also in the planning phase.
To accelerate progress, a memorandum of understanding has been signed between the Arab Contractors Company and the Libyan government to initiate topographical and environmental studies, along with preliminary design work for the road linking Kufra in southeastern Libya to the Chadian border. Similarly, an MoU between Arab Contractors Company and the Chadian government has been established to conduct studies and initial designs for the third section from the Libyan-Chadian border to Amdjarass. Additionally, contracts have been finalized for road construction between Amdjarass and Abéché, with preparatory studies already underway.
Al-Wazir highlighted the broader progress Egypt has made in the transportation sector under Vision 2030, noting that the country has invested over 2 trillion Egyptian pounds between 2014 and 2024 in major infrastructure projects, including roads, railways, metro networks, and ports. He emphasized that strengthening regional infrastructure is key to unlocking economic potential and facilitating trade between African nations.
Beyond infrastructure, Al-Wazir stressed the need to enhance economic cooperation between Egypt and Chad in key sectors such as livestock, healthcare, agriculture, and energy. He called for the activation of the Egyptian-Chadian joint committee to advance these initiatives and highlighted the significant role played by the Egyptian Agency for Partnership for Development in capacity-building and infrastructure projects. He also acknowledged the contributions of Al-Azhar's mission in Chad in fostering educational and cultural ties between the two countries.
The minister urged international financial institutions to continue supporting infrastructure projects across Africa, emphasizing the need for joint funding to help countries meet pressing economic, social, and environmental challenges. He reiterated Egypt's commitment to overcoming all obstacles to implementing the land route project as quickly as possible. He expressed confidence that the initiative would lead to a transformative shift in regional trade, create new job opportunities, and improve living standards in Egypt, Libya, and Chad. Furthermore, he underscored its potential to serve as a strategic trade corridor for neighboring countries, reinforcing broader regional and continental integration efforts.


Clic here to read the story from its source.