More exports and more roads are just some of the few goals laid out for President AbdelFattah El Sisi’s third term as seen in the Cabinet Information and Decision Support Center’s report (pdf).

** Read more: We have already dissected other aspects of the report, including thegovernment’s economic, green energy, infrastructure, manufacturing, and education targets through 2030.

EXPORT STRATEGY-

EgyEx Triple 10: The government plans to launch a six-year export strategy — dubbed EgyExTriple 10 — to increase exports to USD 145 bn by 2030. The strategy will entail establishing ten specialized export zones, developing ten export-oriented industrial zones, and focusing on ten unidentified key export markets.

Remember: The state is looking to increase exports to USD 100 bn a year by 2025, partially through a new focus on localizing manufacturing and increasing revenues from gas exports, which it hopes to double to USD 1 bn a month. Exports weakened nearly 20% y-o-y to USD 8.3 bn in the first quarter of the current fiscal year, triggered by oil exports more than halving during the quarter to USD 1.6 bn. Meanwhile, non-oil exports inched higher to USD 6.7 bn from USD 6.3 bn the year before.

The road to boosting exports: The Madbouly cabinet will start offloading the management offreezones and industrial zones to private sector players, who will be able to offer investors a fresh batch of services and act as a bridge between investors and the government. Export boosting efforts also include revamping the export subsidy payout program so the payouts happen more swiftly and setting up a national academy that will churn out at least 500k industry-ready workers annually through specialized technical training.

TRANSPORT + LOGISTICS AMBITIONS-

Steady growth for the transport + storage sector through 2030: The state sees thetransport and storage sector rising at an average of 6% annually through 2030, compared to an average of 4.7% during the nine-year period between 2014-2023. It also plans to invest some EGP 1.5 tn in the sector and EGP 680 bn in infrastructure projects during the six-year period of El Sisi’s third term.

Enhanced connectivity: The government wants to increase the length of major roads by some50% over the coming six years to reach a combined 10.5k kilometers. It also plans to enhance connectivity by constructing 34 new corridors across the Nile River and 1.2k overpasses, compared to the 13 corridors and 1k overpasses built during the 2014-2023 period.

A number of giant national projects are scheduled for completion over the coming six years,including a EGP 544 bn high-speed electric train, a EGP 26 bn monorail, and a EGP 341 bn metro expansion. The state also has plans to more than triple the number of railway passengers to 3.5 mn a day by the end of the decade.

AVIATION-

The state will be working towards a long list of aviation-related targets to be reached by2030, that includes:

#1- A bigger fleet: Growing the air freight fleet to at least 130 aircrafts to bolster logisticscapacity.

#2- Better ranked national flag carrier: Improving EgyptAir’s global ranking to 30th place — itis currently ranked 95th globally.

#3- Boosting the country’s airports capacity to 97.4 mn passengers a year from last year’s64.8 mn — with particular focus on Cairo International Airport, with the aim of raising its capacity to an annual 31.6 mn passengers.

Expanding abroad: The country’s six-year aviation strategy sees our aviation sector expandinginternationally, particularly in Africa. It also sees the country diversifying the travel routes offered and attracting more tourists. Attracting private investment through strategic plans remains a key focus, alongside the ongoing restructuring of the Civil Aviation Ministry’s companies.

Your top infrastructure stories for the week:

  • A new USD 50 mn logistics area in the works: The government plans to build a USD50 mn logistics area behind the Safaga sea port to load and unload goods aboard the high-speed electric rail linking the Red Sea to the Mediterranean
  • Telecom Egypt and ZOI to build new digital corridor: State-run Telecom Egypt hasteamed up with Zain Omantel International (ZOI) to build a digital corridor using both subsea and overland cables that will link the Mediterranean Sea to the Arabian Sea and the Arabian Gulf.
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