Egypt's transport minister discusses 1,300 rail cars deal with Russian-Hungarian consortium
MENA, , Thursday 28 Mar 2019


Egypt's Minister of Transport Kamel El-Wazir held a meeting on Thursday with a delegation from Russian-Hungarian consortium Transmashholding-Hungary Kft to discuss the measures taken to put into effect a contract to supply Egypt with 1,300 new passenger railcars.

The meeting was attended by Russian ambassador in CairoSergei Kirpichenko.

El-Wazir said the railway deal is the largest in Egyptian history, noting that it will constitute a giant leap for the sector.

The two sides discussed the financial terms of the contract, which is being implemented in cooperation with the the Ministry of Investment and International Cooperation.

https://english.ahram.org.eg/News/329029.aspx