#traffic congestion
A study recently released by the World Bank reveals that Cairo’s infamous traffic costs Egypt EGP 47 billion (USD 6.5 billion) annually and is expected to reach EGP 105 billion (USD 14.6 billion) by 2030. The study takes place in the Greater Cairo Metropolitan Area (GCMA), which is home to 19.6 million people making it the largest share of population, economy, industry and human resources in Egypt. According to the study, almost four percent of Egypt’s GDP is lost…