The transportation and storage sector is one of the fastest growing sectors with an annual growth rate of 7 percent on average (at fixed prices), said the Minister of Economic Development, Othman Mohamed Othman.

"With new investments of EGP 8.6 billion in the new FY 2010/11, the sector has 4 programs to implement out of 25 programs included in this FY's plan to support infrastructure and enhance human development efforts. New investments are as follows:

- Railroad sector is to receive EGP 3.5 billion to renovate and renew 30 Canadian tractors, supply 80 locomotives for French trains, supply 365 passenger carriages, purchase 200 cargo carriages and renew 200km of railroads, develop 20 stations and 174 grade crossings.
- Underground is to receive EGP 2.2 billion to raise the operational efficiency of Lines 1 & 2 and complete Line 3 works (Imbaba/Cairo Airport), Phase One (al Attaba/ Abbasiya) and Phase Two (Abbasiya/Heliopolis), and to supply Phase Three (al Attaba/Imbaba) with utilities, as well as implementing the initiative works of Phase One on Line 4 (al Rimaya/Giza) and commencing feasibility studies to construct two tunnels in southern Port Said, below the canal.
- Roads and bridges are to receive EGP 1.7 billion to finalize building and paving Shalateen/Sohag, the Naga Hammadi ramp and to upgrade the Zagazig/Meet Ghamr road, the Simbilawein/Kafr Saqr road and the regional ring road in Luxor to become two-lane roads.
- River and maritime transportation is to receive EGP 1.2 billion to develop the Cairo/Aswan road, the Cairo/Damietta river road, develop the Riyah al Beheiri at an-Nubariya canal, complete the construction of locks, monitoring and central control networks, complete infrastructure, renewal and replacement works at the ports of Alexandria, Damietta, East and West Port Said, the Red Sea and al Arish.