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- Egypt Freight Transport Industry Update Quarter 3 2012
Egypt Freight Transport Industry Update Quarter 3 2012
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Data Series
Political uncertainty will continue to affect the Egyptian economy in 2013 as the country continues on its
rocky transitional period towards democracy. This uncertainty will, in turn, continue to affect the freight
transport sector as a worsening economic position will impact on the country's demand for cargo
transportation, due to muted private consumption and a lack of significant infrastructure projects as foreign
direct investment dries up. As a result, our forecasts for the Egyptian rail and air freight, and the ports sector
are largely sedate, though the transhipment hub of East Port Said - less reliant on domestic demand - is
expected to outperform despite a rocky start to the year with protests in Port Said.
Headline Industry Data
• Air freight handled at Cairo International Airport is set to grow by 3.5% year-on-year in 2013 to reach
243,800 tonnes. Over the medium term to 2017, growth will average 3.5% per annum.
• Rail cargo will enjoy expansion of 1.8% in 2013, with growth projected to average 1.7% over the
medium term.
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