Egypt transport minister says ports not for sale, vows Sinai development

Egypt's Transport Minister Kamel El-Wazir said the state is not selling its ports and announced transport and Sinai infrastructure projects.

• El-Wazir denied that Egypt is selling its ports, saying international operators participate in management and operation only.
• He said the country's port berths now total 100 kilometers with depths of up to 25 meters, part of plans to position Egypt as a global transit hub.
• El-Wazir announced the Alexandria metro's launch next May and said transport development saves Egypt $8 billion annually.
• Responding to Israeli media reports, he said Sinai is part of Egypt and its development is the country's right.