- Home
- Books
- The African Continental Free Trade Area and Demand for Transport Infrastructure and Services
- Chapter
Foreword
- Author: United Nations Economic Commission for Africa
- Main Title: The African Continental Free Trade Area and Demand for Transport Infrastructure and Services , pp 10-11
- Publication Date: August 2022
- DOI: https://doi.org/10.18356/9789210018968c002
- Language: English
It is generally acknowledged that trade and transport are intrinsically linked and that activities in the two sectors are mutually reinforcing. Enhanced trade generates investment opportunities in the transport sector through increased demand for transport services and the need to upgrade infrastructure along trade routes, while improved transport infrastructure and services enhance trade through reductions in transport costs and delays. Transport and trade are also important components of Africa’s regional development strategy. This is underscored by the inclusion of the African Continental Free Trade Area (AfCFTA), the Single African Air Transport Market and the Integrated High Speed Train Network among the flagship projects of the African Union (AU) Agenda 2063.
-
From This Site
/content/books/9789210018968c002dcterms_title,dcterms_subject,pub_keyword-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution105