CAIRO – 10 July 2023: To stop import in the future, Egypt is currently establishing seven factories operating in the locomotive industry in partnership with the private sector, Minister of Transport Kamel al-Wazir stated in a phone-in Sunday. One would be dedicated to the production of electrical systems and railway components such as signals, panels, electrical circuits for control, and electrical braids among others. The other would manufacture all types of mobile units of metro lines, trams, LRT, monorail, express trains and others. TalgoIn March, Minister Wazir attended the signing of a cooperation protocol between the Egyptian Railway Authority (ERA) and Talgo for the company to build a factory in Egypt for the production of railcars. The minister added, during the phone-in, that two private companies would manage freight transport in Egypt to ensure efficiency and profitability, and that the Egyptian Railway Authority would acquire at least ten percent of revenues.
Source: Egypt Today July 10, 2023 18:03 UTC