Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt plans to establish its first multiple unit train factory

The factory is expected to be managed by the ERMAS in partnership with the private sector, the Suez Canal Authority and international partners.
20.09.20 | Source: Ahram Online

Egypt is set to establish the first factory in the country for producing multiple unit trains, which use electric traction and diesel, for its railways and a monorail in East Port Said, Ministry of Planning and Economic Development announced.


The announcement came during a meeting held on Wednesday and attended by Minister of Planning and Economic Development Hala El-Said, Minister of Transport Kamel El-Wazir and the head of the Suez Canal Economic Zone Authority Yahia Zaki.


The meeting discussed the schedule of the project’s implementation, its economic studies, and the expected production volume.


The factory is expected to be managed by the Egyptian Railways Services and Maintainance Company (ERMAS) in partnership with the private sector, the Suez Canal Economic Zone, Egypt’s Sovereign Fund and a number of international companies.

FREE NEWSLETTER