Engineer Raafat Hindi, Minister of Communications and Information Technology, inaugurated the largest fast trade distribution center in the Middle East and North Africa, operated by Talabat Egypt. The event was attended by several ministers, including Ahmed Kouchouk, Minister of Finance, Dr. Mohamed Farid, Minister of Investment and Foreign Trade, and Engineer Khaled Hashem, Minister of Industry.
The new center is located within the Yanmu East logistics complex on the Cairo-Suez Road, covering an area of approximately 27,000 square meters and capable of operating around one million items daily. It serves the Talabat Mart network in Egypt across 12 cities, with plans to expand to include 17 cities in the near future.
Event Details
Engineer Raafat Hindi emphasized that Talabat's expansion in its investments through the establishment of this advanced logistics center reflects the growing confidence in the Egyptian market. He also noted that the remarkable development in digital infrastructure and the growth of e-commerce services are key factors in attracting investments.
The center relies on integrated operating systems that connect inventory management, stores, and supply chain operations, ensuring efficiency and speed in executing processes. Additionally, internally developed artificial intelligence models are used to optimize inventory distribution and automate supply processes.
Background & Context
Talabat Egypt is considered one of the leading companies in the e-commerce sector in the region, employing around 3,100 employees, including more than 1,600 technology specialists. The new center represents a strategic step to enhance the company's capacity to meet the growing demand in the market.
This move comes at a time when the e-commerce sector in Egypt is witnessing significant growth, reflecting the digital transformation taking place in the country. The new center will also contribute to supporting local producers and suppliers, enhancing the competitiveness of the Egyptian market.
Impact & Consequences
The center is expected to enhance the efficiency of fast trade, designed to be a smart infrastructure that supports innovation in this sector. It allows for increased efficiency in managing operational spaces, accommodating around 75,000 storage locations currently.
This development reflects Talabat's commitment to enhancing operational efficiency and providing a faster, more reliable experience for customers, contributing to improving the level of services offered.
Regional Significance
The opening of this center marks a milestone in the e-commerce journey in the region, positioning Egypt at the forefront of countries investing in advanced infrastructure. It also reflects Egypt's pivotal role in developing digital products and innovation.
In conclusion, the establishment of this center reflects the trend towards enhancing e-commerce in the region, contributing to improving the level of services provided to customers and strengthening companies' capacity for expansion and growth.