EGYPT DISCUSSES TRANSPORT REGULATORY AUTHORITY DRAFT LAW
Egypt government discuss laws for boosting the country’s infrastructure in the transport sector.
Egypt’s Parliament and the ministry of transport has discussed the Transport Regulatory Authority draft Law before submitting to the President. The discussion took place at the Egypt’s Transport Sector: “Embracing the Future” conference.
The conference is organised by the American Chamber of Commerce in Egypt (AmCham). It aims at making industry stakeholders know the plans for the transport sector.
Speaking during the conference, Egypt’s Minister of Transport, Hesham Arafat emphasized his ministry’s efforts on enhancing the sector’s legislative framework. He also said that many important laws haven’t been modify for 40 years.
Egypt’s Minister of Transport, Hesham Arafat said “We are happy to amend the laws of the National Authority for Tunnels, and the Transportation Law.”
The Transport regulatory authority law will help Egypt become a regional hub for logistic industry. Meanwhile, the ministry will also open envelopes of Intelligent Transport Systems (ITS) project next month. This project is an important part of the ministry’s plan for boosting the country’s infrastructure.
Sylvia Menassa, CEO of AmCham Egypt said ‘They ‘proposed an initiative to the Ministry of Transportation for enhancing the country’s position on logistics performance index and the minister welcomed this initiative. She also said AmCham will organize several events in February and March.”
The Ministry will submit the reports to Egypt president for further consideration.