El_Wakeel: Examine establishment of logistics centers in Africa in collaboration with the Ministry of Trade

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Tuesday - 16 June 2015 - 1:14 PM

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Mr. Ahmed El Wakeel, Chairman of African federation of chambers of commerce revealed that they are

studying a project to establish a logistics centers in collaboration with the Ministry of Industry and Trade

to increase the trade exchange between Egypt and Africa, which will contribute to the increase of the

Egyptian products in African countries during the coming period.

 

 Al Wakeel said that this logistics centers on which many countries of the world in order to reduce the

Production cost through a strong supply chains for goods and cargo, As it will provide an opportunity for

youth to start a viable career provided by those areas.

 

He also stressed that establishing a free trade zone grouping 26 African countries including Egypt

Contribute to increase the market space in front of the Egyptian producers, also is an important step

towards gathering African markets at one market and this is the dream that we will seek to achieve in

the future.

 

AL- Wakeel concluded by stressing that this Africa's integration will contribute to further African trade

movement instead of third-party intervention from outside the continent to complete the commercial

exchanges directly, that any product will access the markets of 625 million people without customs or

administrative restrictions.