Egypt, Hyundai Rotem Sign Agreement Deal to Modernize Cairo Metro and Railway Industry ...Egypt

Photo Courtesy of the Ministry of Planning. Egypt’s Ministry of Transportation, Ministry of Planning, and the National Egyptian Railway Industries Company signed a Memorandum of Understanding (MoU) with South Korean Hyundai Rotem on Wednesday to modernize Cairo metro and the railway industry. The signing agreement was witnessed by Egyptian Minister of Transport Kamel El-Wazir, Minister of Planning and Economic Development Hala El-Saeed, South Korean Ambassador to Egypt Hong Jin-Wook and chairman of the National Authority for Tunnels Essam Wali. Minister of Planning Hala El-Saeed explained in a statement that this step does not only represent a process of localizing the manufacturing of the r

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