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00:00 We have about 1,350 ports under the name of the Nile, the Ahram, the Alexandria and other chains and ports.
00:11 The state has directed to withdraw part of the economic activity under the light of the state's ownership document
00:18 and to give more space to the private sector to invest.
00:21 In fact, since a week ago, there was a meeting with the major commercial chains that expressed a strong desire to manage and operate these ports.
00:32 These ports are located in very special locations.
00:35 We are offering, and I am telling you for the first time, about 200 ports to manage and operate the private sector.
00:42 We had a very good deal with one of the commercial chains to manage and operate these ports, and it is bearing fruit.
00:49 As mentioned in the conference, the state's withdrawal from management and operation of assets is a very good thing.
00:55 The last observation, Dr. Khalil, is the increase in the number of Egyptian shipping from wheat.
01:00 I would like to know from you the reasons for the increased purchases that we have made during the past period and the impact on the needs in the next period.
01:07 I cannot say that you are making more purchases.
01:10 You have a safe storage and you are one of the countries that have large storage hours and have safe reserves of wheat from strategic goods.
01:20 We have what is more than five months of wheat reserves.
01:25 We have a variety of wheat supplementation sources.
01:28 We have about 22 crops for wheat supplementation.
01:32 We consume about 20 million tons annually.
01:36 We produce about 9 to 10 million tons per year, and we import the other half from more than one country.
01:45 There is no focus on a specific country.
01:49 The variety of supplementation sources and import had a positive effect on risk hedging and we were able to avoid these risks.