The Egyptian State has embarked on a number of national large-scale projects that aim at enhancing the competitiveness of the economy, creating employment opportunities and attracting foreign and domestic private investments. The Suez Canal Development Project (SCDP) capitalizes on Egypt’s strategic location at a crossroads for international trade. It includes expanding the capacities of a number of existing sea ports, establishing large-scale logistics areas and state – of – the-art industrial zones. Terminais 7 5 Terminals

7 Logistics areas

3 industrial zones

1 New parallel canal (73 km)

6 Tunnels for motor vehicles

1 Tunnel for railway

The project will position Egypt as a regional and international industry and trade hub. The targeted industries include, but not limited to, logistics, pharmaceuticals, automotive, textiles and ship building and maintenance. It will also benefit from the ongoing expansion of the Suez Canal, whereby a 72 km long parallel is expected to significantly cut transit time and increase daily traffic.

In addition to large scale industrial projects, the government is developing 15 new roads with a total distance of 3200 KMs to ensure improve connectivity and facilitate the movement of goods and services across the different governorates. This will help improve the economics of many industries and allow investors to access new internal and external markets.

Over the past 5 years, annual oil and gas production grew on average by 1%

compared to annual average consumption growth of 5.3%. Hence, bridging the energy supply/demand gap became at the forefront of Egypt’s economic reform agenda, which includes a 5-year plan to increase energy efficiency by 10-15% with estimated annual savings of USD 6-8 bn.