Dr. Hesham Arafat transport minister said that 90% of trade traffic around the world happens through seas and oceans, assuring that such percentage will increase and will also be followed by change in maritime transport map after activating the initiative “LB R I”
The minister has also stressed on Egypt readiness for such initiative; revealing the state’s strategy for developing maritime ports: coping with Egypt’s vision 2030.
Arafat also assured importance of private sector participation in maritime transport projects.
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