Egypt’s Cabinet has approved a draft presidential decree to reallocate two state-owned plots for the Ministry of Supply and Internal Trade to establish logistics zones in Luxor and Sharqia provinces, Invest-Gate reports.

Under the mandate, Luxor’s Al Madamoud District will see a 27.45-acre logistics zone, besides the construction of another 15.41-acre zone in El Husseiniya, Sharqia, Prime Minister Mostafa Madbouly unveiled in a Cabinet meeting on September 9.

In August, Assistant Minister of Supply and Internal Trade Ibrahim Ashmawy announced that 18 commercial and logistics projects have been set up in 11 governorates, at a total cost of almost EGP 49 bn, according to an earlier ministerial statement.

This came during Minister of Supply and Internal Trade Ali Meselhy visit to the Tanta logistics zone, which is being built with investments surpassing EGP 6 bn, offering more than 50,000 direct and indirect jobs throughout its execution.