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US$80 billion being spent on North Africa’s transport infrastructure

Transportation authorities from Morocco, Tunisia, Algeria and Egypt to meet at the InterContinental Citystars Hotel in Cairo from 7-9 September.

I would like to thank the Ministry of Transportation in Egypt for their support and patronage of this event
— Mohaned El Mahgoub, Conference Director, IQPC Middle East
CAIRO, EGYPT, August 13, 2015 /EINPresswire.com/ -- The Future North African Transportation Summit, being held under the patronage of the Egyptian Ministry of Transportation will feature some of the current and future projects being executed in North Africa.

The conference will host senior members from the Egyptian and Tunisian ministries of transportation as well as the heads of other regional transportation authorities such as Casa Transport in Morocco and Metro D’Algers from Algeria, will address the most pressing challenges facing the industry including safety, operations and maintenance as well as the investment and finance of future mega projects.

www.futuretransportationsummit.com/news

“Governments in the region understand that there is a direct correlation between the development of transportation infrastructure and economic prosperity and as such we have witnessed a marked increase in investment in this sector.” stated Mohaned El Mahgoub, Conference Director, IQPC Middle East.

“Their commitment to the improvement of the regional transportation sector is instrumental in the development of trade links between the North African countries and they should be commended for their leadership in this regards”

The event will look at improving the efficiencies of the transportation networks by implementing a maintenance strategy as well as improving safety and reducing accidents by investing in the modernisation of signaling systems and developing a truly multimodal transport ecosystem.

The conference will also feature a Focus Day on road safety that is being spearheaded by Pepsico who have been very active in addressing this issue in Egypt. They launched a nationwide competition encourage private sector adherence to road safety in Egypt. The winners of the competition will be announced at the event on the 7 December.

In addition there will be a strong focus on the future projects that are being planned in the region with particular emphasis on the investment and finance of these projects at the Finance Focus Day. “There are a lot of opportunities for the banking and investment firms, particularly in Egypt, to get involved in some of the future mega transportation projects. The financial returns are very strong and the project pipeline is healthy which represents a great opportunity for the corporate finance industry” Mohaned El-Mahgoub added

The event will be addressed by a number of experts in the industry from Egypt, North Africa as well as the international transport community and is being supported by leaders in transportation systems such as Sarmac, PSI, OVM and ACE Consulting Engineers.

Find the full programme, speaker list and registration form at www.futuretransportationsummit.com/news , call +971 4 364 2975 or email enquiry@iqpc.ae.

Lakshyadeep Nival
IQPC Middle East
00971 4 364 2975
email us here

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