Egypt’s Nafeza Project to foster logistics sector

The project is expected to create a bridge between the country’s land, maritime and air with each other

Egypt’s Nafeza project aims to turn the country into a global logistics hub. The project, which is known as a single-window platform, is expected to regulate procedures seamlessly at all Egyptian ports. The platform is powered by an integrated secure information platform and a modern and sustainable electronic system.

It is reported that the new project will fasten procedures, reduce clearance time and cut goods’ cost. The project is expected to create a bridge between the country’s land, maritime and air with each other. The project comprises of e-signature, initial customs registration number ACID and Advanced Cargo Information (ACI).

Head of the Customs Authority Kamal Negm, told the media, “Importers will submit digital documents for the imported goods to the customs authority through the (single window) platform before shipping them to the country in order to get the initial customs registration number ACID. The authority will notify the importer with the ACID customs registration number to be recorded in the shipping documents relating to the imported goods. The e-signature will be used in the data entry and the electronic registration of all data and documents for the pre-registration system (ACI).”

The logistics centre is expected to be operational at the end of March in the ports of Dekheila and Port Tawfi while operations will start in the ports of Ismailia and Safaga by the end of June. Furthermore, the Nafeza system will cover over 95 percent of the country’s imported goods.

Related posts

HSBC Singapore appoints new commercial banking head Regina Lee

GBO Correspondent

The UK registers unexpected surge in home sales amid covid-19

GBO Correspondent

Vietnam’s Nexttech and Visa to spur digital payments in the country

GBO Correspondent

Leave a Comment