The Ministry of Finance is about to complete the development and digitization of the customs system in Egypt by the end of next June, according to a statement from the ministry.
Finance Minister Mr. Mohamed Maait said that“Egypt is proceeding on the path of transformation towards a digital economy in various sectors of the state, through the optimal use of advanced technology, and the localization of distinguished international experiences in the application of digital systems,”
Further, Mr. Mohamed Maait added that the Ministry of Finance has made great strides in modernizing and mechanizing the customs system by modernizing the legislative structure by issuing the new customs law and its executive regulations and implementing the “single window” system.
Furthermore, the head of the Customs Authority, El Shahat Ghitouri, indicated that logistic centers have been established in Cairo, east and west Port Said, Port Tawfik, Ain Sukhna, Damietta, Dekheila, and Alexandria.
He also explained the “window” platform implemented by the Ministry of Finance covers more than 95% of Egypt’s exports and imports.
It is targeted by the end of next June to complete the development and automation of the customs system; to simplify and digitize procedures, reduce the cost of the import and export process, and reduce the average customs release time.