This comes about a month after a horrible blaze took place in Cairo's Ramses Railway Station, killing 20 people according to official reports.
Former Transportation Minister Hesham Arafat, who resigned in February this year, is set to submit his financial disclosure, sources said.
The state has purchased 100 locomotives with a cost estimate of LE 11 billion, while LE 18 billion were spent to maintain and develop 1,300 cars.
The railway system will be provided with advanced technology for signalling, level-crossings and communications and the number of wagons and passengers on this route will be increased.
Arafat said the project aims at easing traffic to tourist development areas and limiting the occurrence of accidents on the road.
During the meeting, Arafat reviewed available investment and funding opportunities in the transportation sector, which is witnessing a quantum leap in the current phase.
The Ministry of Transportation denied the intention to privatize the railway facilities
The get-together tackled the importance of activating linkage between the two countries through railways. They also agreed on holding a joint technical committee in Khartoum.
Minister of Transport Hesham Arafat said the contract is for 76 months between the National Authority for Tunnels and the Korean company Hyundai Rotemm.
The authority executed 93 percent of its investment plan during last fiscal year, with a total of LE 155 million.
Examining the documents of all companies, the ministry chose the most qualified companies, the Minister said in a statement on Wednesday.
The trainees should attend two years of the course in China and the third year in Egypt, according to a statement by the Transport Ministry.
The project of establishing a metro stop in Cairo’s upscale Zamalek district will help reduce the number of vehicles in the area by 18,000, including 8,000 buses
Ministry of Transport announced the manufacturing of 300 railway wagons in cooperation with the Arab Organization for Industrialization by the end of next year.
Cairo Metro Company spokesperson Ahmed Abdel-Hady said the company and the Ministry of Transport are still negotiating an increase in ticket prices.
The Egyptian government approved on Wednesday the new traffic law, Transport Minister Hesham Arafat said in a press conference at the cabinet headquarters.
Transport Minister Hesham Arafat said Sunday his meeting with Prime Minister Sherif Ismail centered on the work progress in a number of projects.
The authority registered LE 162.2 million in May, up from LE 148.8 million in the corresponding month last year.
Transport Minister Hesham Arafat on Saturday paid an inspection tour of a project to expand the development corridor of Alexandria's Borj el Arab city.
Sisi stressed on Tuesday the necessity of finalizing the electric passenger train project within two years.