Wednesday, 22 May 2013

Egypt Freight Transport Report Q3 2013

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Egypt Freight Transport Report Q3 2013
May 22nd 2013, 00:00

Political uncertainty will continue to affect the Egyptian economy in 2013 as the country continues on itsrocky transitional period towards democracy. This uncertainty will, in turn, continue to affect the freighttransport sector as a worsening economic position will impact on the country''s demand for cargotransportation, due to muted private consumption and a lack of significant infrastructure projects as foreigndirect investment dries up. As a result, our forecasts for the Egyptian rail and air freight, and the ports sectorare largely sedate, though the transhipment hub of East Port Said - less reliant on domestic demand - isexpected to outperform despite a rocky s...

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