USTDA funds development of traffic management on Nile River
The US Trade and Development Agency (USTDA) has authorized a $257,000 grant to study needed improvements in navigation and traffic management on the Nile River between Cairo and Aswan.
The study will focus on maximizing river transport as an efficient, cost-effective and environmentally friendly means of enhancing Egypt's economic infrastructure, reported Washington File.
Historically, river transport has played an important role in sustaining the Egyptian economy. Prior to the development of the Egyptian national highway network, commodities such as raw materials for industrial production, as well as agricultural goods, were transported on the Nile River.
Maximizing river transport on the Nile River offers a number of advantages: an environmentally-friendly means of transportation, a reduction in road traffic and congestion and the increased safety, fuel and maintenance savings, a cost-effective means of transportation, increased employment opportunities as river transport becomes available 24 hours per day and increased efficiency in transporting commodity cargo. — (menareport.com)
© 2003 Mena Report (www.menareport.com)