In 2021/2022, public investment in the storage and transportation industry aggregated around 184.2 billion Egyptian pounds (5.96 billion U.S. dollars). This represented an increase from close to 128.3 billion Egyptian pounds (4.15 billion U.S. dollars) in the year before. Furthermore, public investment in the sector increased significantly in 2017/2018 from almost 35.73 billion (1.16 billion U.S. dollars) to 75.31 billion Egyptian pounds (2.44 billion U.S. dollars).
It is worth noting that the Egyptian currency faced devaluation in late 2016, moving the exchange rate from almost nine Egyptian pounds per U.S. dollar to 13 per U.S. dollar. In 2022, the Egyptian pound dropped in value again several times before settling at nearly 30.9 per U.S. dollar as of late May 2023.
Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022
(in million Egyptian pounds)
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Investment in million Egyptian pounds
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MPED (Egypt). (May 30, 2023). Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022 (in million Egyptian pounds) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/
MPED (Egypt). "Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022 (in million Egyptian pounds)." Chart. May 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/
MPED (Egypt). (2023). Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022 (in million Egyptian pounds). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/
MPED (Egypt). "Annual Investment in The Storage and Transportation Sector in Egypt from 2009/2010 to 2021/2022 (in Million Egyptian Pounds)." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/
MPED (Egypt), Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022 (in million Egyptian pounds) Statista, https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/ (last visited July 22, 2024)
Annual investment in the storage and transportation sector in Egypt from 2009/2010 to 2021/2022 (in million Egyptian pounds) [Graph], MPED (Egypt), May 30, 2023. [Online]. Available: https://www.statista.com/statistics/1387420/public-investment-in-storage-and-transportation-infrastructure-egypt/