00:00For over a century, the Suez Canal was Egypt's guaranteed commercial artery, handling roughly 12% of global maritime trade.
00:07But recent security disruptions in the Red Sea exposed a critical vulnerability.
00:11Ships were forced to detour around the Cape of Good Hope, transit revenues dropped, and global supply chains were severely
00:17disrupted.
00:18To protect its economic engine, Cairo is now building a high-speed overland alternative.
00:22In addition, we've invested heavily in our infrastructure, be it roads, be it ports, as well as railroads.
00:30To give options to our trading partners to mobilize their merchandise and to move their merchandise across Egypt,
00:39whether through the Suez Canal right away or into the Suez Canal,
00:43and then use our network of infrastructure to go to the Mediterranean Sea and get access to the European market.
00:50The network is centered on the Suez Canal economic zone, which has attracted over $16 billion in investments.
00:57Anchoring the system is an $8.7 billion electrified high-speed rail line stretching 2,000 kilometers across Egypt.
01:05Dubbed the Suez Canal on rails, it links Red Sea ports directly to Mediterranean export terminals.
01:12Once fully operational, the system will move up to 13 million tons of freight annually,
01:17allowing shipping lines to offload cargo on the Red Sea and rail it across the country to bypass maritime bottlenecks.
01:25Egypt believed that it put a lot of resources in investments in logistics, in the logistics sector,
01:32making it easier to partner with the private sector in logistics hubs across the Suez Canal
01:37and to make it seamless for global merchandise and global trade.
01:41The infrastructure is also designed to serve wider African integration.
01:45Under the African continental free-trade area, these land bridges link North African ports
01:50to trade corridors extending down into eastern Sub-Saharan Africa.
01:54By providing faster overland routes to Mediterranean and European markets,
01:58Egypt's aim to turn regional supply chains risk into an engine for continental growth.
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