Egypt plans first factory to locally manufacture trains by beginning of 2021 ...Egypt

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Egypt plans first factory to locally manufacture trains by beginning of 2021
source : EGYPT INDEPENDENT ( Egypt ) () 32
Egyptian Transport Ministry plans to start establishing the country’s first factory to locally manufacture trains of all kinds starting from the beginning of 2021. The project includes the participation of the Transport Ministry, the Planning and Economic Development Ministry, the General Authority for the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE) and five private sector companies: the East Port Said for Development, Samcrete for Investments, Hassan Allam Holding, Orascom Constructions, and Connect Information Technology. It is being implemented by the National Egyptian Company for Railway Industries (NERC), which owns the shares, with ownership shared by the Tran

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