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ZONES-
Egypt inaugurated Phase 1 of Beheira’s trade, administrative, and logistics zone project last Saturday, according to a statement. The new logistics zone — which represents 48.7% of the final EGP 4.5 bn project — includes a shopping mall, expos, restaurants, and a fuel station. The project is part of a wider move to cut down transportation fees and establish more trade zones.
RAIL-
The second track of the Qazvin-Zanjan Railway is set to become operational within a year, Mehr News Agency reports, citing Iran’s Roads and Urban Development Minister Mehrdad Bazrpash. The 181 km route — part of the East-West Transport Corridor — has an investment ticket of IRR 13.5 bn and is slated to double freight and passenger capacity. It intends to slash travel time between Tehran and Zanjan by one hour at a travel speed of 200 km/h, Bazrpash added, and will boost rail freight transport capacity to 10 mn tons.
ALSO WORTH KNOWING-
- Iraqi Airways flies to Malaysia: Iraqi Airways will relaunch weekly flights from Baghdad International Airport to Kuala Lumpur International Airport, Malaysia, using its Boeing 787 aircraft, in February 2024. (Statement)
- Tunisair adds flights to Canada: Tunisair is launching four new weekly flights from Carthage International Airport, Tunis to Pierre Elliott Trudeau International Airport, Montreal, effective 17 June 2024. (TAP)
- Emirates boosts flights to Seoul: UAE national carrier Emirates is increasing its operations in Seoul, adding three additional weekly flights as of 19 February 2024. (Statement)
