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Thursday, 13 April 2017

House still trying to reverse last year’s port fee hike

The House of Representatives’ Transport Committee is still hoping to reverse the government’s decision to hike port fees by as much as 100%, MP Mohamed Badawy tells Al Mal. The hike, which was instituted last year, had caused five major shipping lines to pull out of the East Port Said port and transfer their activities to Greece. Committee members are expected to discuss the issue in a meeting by the end of next week with Prime Minister Sherif Ismail, Finance Minister Amr El Garhy, Transport Minister Hisham Arafat, Suez Canal Economic Zone chief Ahmed Darwish, and Suez Canal Authority head Mohab Mamish.

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