This is part of a broader push to localize industrial production and modernize public transport.
The contract, signed with the National Authority for Tunnels (NAT), covers the delivery of 189 cars, spare parts, equipment, and 10 years of maintenance, including a major overhaul, within a 38-month timeframe.
The signing took place on Saturday during Prime Minister Mostafa Madbouly’s visit to NERIC’s East Port Said factory.
The Alexandria Metro project, led by NAT and valued at roughly €1.3 billion, will span 43 kilometres and be completed in three phases.
The first phase, currently under construction, runs 21.7 kilometres from Misr Station to Abu Qir, converting the existing diesel-powered railway into a modern electric metro.
Phase two will extend the line 8 kilometres to El-Max, and the third phase will add 15.5 kilometres to reach Borg El-Arab, linking the metro with Egypt’s high-speed rail corridor connecting Alamein to the New Administrative Capital.
The whole system will begin operations in 2026.
Madbouly said the project aligns with President Abdel-Fatah El-Sisi’s vision for sustainable, environmentally friendly transport solutions.
Transport minister Kamel El-Wazir said the deal would help advance Egypt’s industrial localization goals and catalyze Alexandria’s economic and social development.
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