Minister of Supply: Egypt was delayed for minimum 50 years

Dr. Khaled Hanafi, Minister of Supply and Internal Trade, that Egypt is racing against time, to compensate for losses from the policies of what he described, faulty work, pointing out that Egypt late behind 50 years of evolution, which was witnessed by the rest of the world, because it does not benefit adequately from international agreements , concluded, and its geographical position.

This came during the events of the Egyptian Euro-Mediterranean Conference - Italian food, transportation, and logistics, hosted by the Chamber of Commerce in Alexandria, Saturday, at the initiative of the Italian presidency of the European Union, and in collaboration with the Federation of Egyptian Chambers of Commerce.

Gave Hanafi presentation during the conference on the projects, which operates Egypt to implement in the current stage, including the establishment of the Global logistics center for grain, and grain, food and goods in the port of Damietta, which aims to transform Egypt into a hub for logistic global, storage, and handling of grain, and the exercise of activities logistics, and value-added activities, trading volume up to about 65 million tons of grain annually, and food commodities.

The Minister of Supply, the project covers an area of about 3.00035 million thousand square meters, the project at a cost of around 15 billion pounds.