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Monday, 23 April 2018

Cabinet could force state entities to transport portion of their cargo via river

The Ismail Cabinet is reportedly preparing to issue a decision that would mandate government entities to transport at least a portion of their cargo via river. The Transport Ministry is currently drafting the decree, which will set a minimum quota for river transport and determine the type and size of cargo that can be transported in the Nile, sources tell Al Mal. The decision aims to reduce reliance on road transport. The ministry is planning to issue tenders for the development of four ports along the Nile, beginning with the USD 50-100 mn Qena Port project. The Cabinet had also signed off last year on a bill to regulate river traffic and commercial river transport, which is currently with the House of Representatives.

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