EGYPT: The Ministry of Transport, the National Egyptian Railway Industries Co joint venture and Talgo have agreed to study the feasibility of developing a domestic passenger rolling stock factory.
It is envisaged that this could produce 100 air-conditioned first class coaches, 200 air-conditioned second class coaches and 200 third class cars, with a total order of 1 000 vehicles envisaged.
Minister of Transport Kamel Al Wazir said co-operation with international companies could make Egypt a leader in rolling stock production for the Middle East and Africa.
NERIC is a public-private joint venture of the Egyptian Sovereign Fund, the Suez Canal Economic Zone Authority, Samcrete Investments, Orascom Construction, Hassan Allam Holding, Connect Professional Services and East Port Said Development Co.
It is currently developing a rolling stock factory in the Suez Canal Economic Zone at East Port Said, with opening planned by the second half of 2023. In May it signed an agreement with Hyundai Rotem for the local assembly of 40 metro trains totalling 320 cars to be deployed on Cairo lines 2 and 3.