Mwasalat Misr, Super Jet to manage new capital’s smart transportation system ...Egypt

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Mwasalat Misr, Super Jet to manage new capital’s smart transportation system
source : EGYPT INDEPENDENT ( Egypt ) () 11
A final agreement between Mwasalat Misr, the brand owner of the first smart bus in Egypt, and Super Jet to manage the New Administrative Capital’s smart transportation system will soon be signed, the Administrative Capital For Urban Development (ACUD) announced. Negotiations are underway between the parties to determine shares in the management company as well as its capital, Major General Ahmed Zaky Abdeen, Chairman of the ACUD, said. In March, the ACUD signed a memorandum of understanding to establish an Egyptian joint stock company by contracting with Super Jet and Mwasalat Misr to provide smart internal transportation services for the city’s first phase. The ACUD explained that Super Jet

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