Port Said governorate, Supply Ministry sign MoU for EGP 3.3 bn logistics zones

The Supply Ministry signed yesterday an MoU with the Port Said governorate to construct logistics zones and a trading center at a combined cost of EGP 3.3 bn, Youm7 reports. The ministry had also signed an agreement with Majid Al Futtaim and Elsewedy Electric last month to establish several logistics zones. The logistics zones are at the heart of the ministry’sinternal trade strategy, which aims to cut down on spoilage from transporting goods and commodities.