Federation of Chambers and the Ministry of Supply are studying the establishment of logistic zones

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Monday - 8 September 2014 - 11:20 AM

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The Federation of Chambers and the sector of Internal Control at ministry of supply and internal trade studies establishing logistic zones along ring roads around main cities for governorates services

Dr. Alaa Ezz – the Chief Executive of Federation of Chambers of Commerce said that establishing logistic zones aims at solving the Traffic crisis and reducing commodities loss , consequently increasing availability and  Supply, which results in decreasing prices through trading rings and providing commodities directly to the consumers.

 

He added that exporting logistic zones will be established along the borders with Libya, Sudan, for developing trade exchange and providing imported goods to the two states directly, which leads to double exports and diversity, especially in existing letter of credit problems. This direct mechanism (Cash) is the fastest and the best for these two markets especially in Custom features in the framework of Arab Facilitation Agreement.