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.