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Deal is worth more than €1.16bn
During the meeting, the two sides discussed the executive position of a number of joint projects being implemented, and future cooperation between the two in the fields of railways, subways, maritime transport, and land and dry ports.
During a virtual meeting between the two sides, El-Wazir discussed ways of enhancing the joint cooperation in various transportation fields. The Egyptian minister handed the signed agreement to Sudan’s Ambassador in Cairo, Mohamed Al-Yas, in order for the agreement to be signed by Ibn Auf.
The inauguration ceremony was attended by Hussein Rashidy, Head of Signaling System at the Egyptian National Railways (ENR); Shaban Mahmoud, Upper Egypt Zone Manager at ENR; Ashraf Khalifa, Head of Operation Department; Mohamed Magdy, BSA Executive Project Manager at ENR, among other officials.
According to the ministry’s Thursday statement, the project covers the Cairo / Giza / Beni Suef railway line with a length of 125 km. The meeting also discussed the progress of other joint projects.
The two ministers reviewed steps to establish Egypt’s first factory to produce electric and diesel locomotives for railway, metro, and monorail services, which will be established in eastern Port Said.
Mavimbela praises Egypt’s economic reforms, opening up the economy
“The meeting dealt with the follow-up agreement between the Ministry of Transportation and PRL for the supply of new railway tractors as well as modernising and upgrading the efficiency of the current available tractors at the ministry,” Egypt’s presidency statement read.
‘We negotiate with Egyptian private sector companies to enter developing railway sector,’ says Al-Wazir
Deputy Head of the Chamber of Engineering Industries (CEI) affiliated to the Federation of Egyptian Industries (FEI), Abdel Moneim El-Kady, said that domestic manufacturing of trucks in Egypt is not a hard task, given that Egypt is fully qualified to manufacture trucks instead of assembling them.
Ministry succeeds to provide transportation sector with $6bn in funds, says Nasr
Prosecution reveals causes of accident which killed, injured dozens last February
President appoints Major General Kamel Al-Wazir as Minister of Transportation, promoting him to Lieutenant General
Suspects included train operations manager, manoeuvring observer
Agreement signed with Russia’s TransMach Holding on Supplying, manufacturing 1300 railway vehicles
Minister of Transport Hisham Arafat said that the coming period will include the enactment of new legislation allowing investors to partner with the state on railway projects, and that the ministry is looking to transport 25m tonnes of goods by railway in 2022. “We in Egypt lost much time because of wars and delay in …
Minister of Military Production Mohamed Al-Assar met with Minister of Transport Hesham Arafat on Sunday to discuss means of cooperation between both ministries and the latest developments across several projects. Al-Assar said that the two ministers reviewed the business results of projects being implemented through coordination between their ministries, including the development of 295 railway …
Parliament’s Transportation Committee has approved an agreement for General Electric (GE) to supply 100 locomotives and maintain 81 locomotives at a cost of $575m The committee is waiting for the cabinet to complete its draft of an amendment to Law No. 152 of 1980, related to the establishment and operation of railways. MP Mohammad Badawi …
Parliament considers forming a “fact-finding committee” to monitor the violations made by the three entities
The ministry received offers from investors to develop Abu Tartour-Safaga Railway
The company will supply 100 locomotives and 15-year parts agreement to support Egypt’s transport and infrastructure
Negotiations with international financial institutions to raise EGP 5bn to develop 1,200 km of railway
The train accident left 4 people killed and 2 injured
Train heading to Aswan left 5 dead, 31 injured after diverting from main track
The routes are expected to be operational by 2020
Explosive experts defuse two additional bombs in the area
Cabinet investigates Beijing’s potential contribution to New Administration Capital, Suez Canal, according to cabinet spokesperson
Minister of Transport will announce new investment projects this week
German rail operator Deutsche Bahn has reported a steep drop in its half-year earnings. The company said the poor result was attributable to protracted strike action and spells of stormy weather across the country. Deutsche Bahn on Tuesday reported a 39-percent fall in its earnings for the first half of the year. After-tax profits dipped to 391 million euros ($431…
KOICA provided Egypt with a grant worth $ 1m to prepare feasibility studies needed to operate an integrated technological educational complex