Transportation
In one of the 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Minister of Finance Mohamed Mait displayed figures on the performance of the Egyptian economy during the COVID-19 crisis and plans for the future.
The meeting tackled the manufacturing and delivering 32 new air-conditioned trains to Egypt.
The new road is part of newly-announced megaprojects between the three countries in the implementation of the outcomes of the Egyptian-Iraqi-Jordanian summit that convened in Amman last month.
The new batch is part of a deal between the ministry and the Russian Transmashholding company to export Egypt 1,3000 railway locomotives.
President of Bombardier Inc. Danny Di Perna stated in a TV interview Sunday that he had met with Minister of Transportation Kamel al-Wazir.
The AACO displayed on Saturday the figures the industry is expected to record in the cases of a speedy recovery and a slow one.
The consumer's choice will be majorly determined by the price of the vehicle, and the prices of gas and charge.
The buses will be either electric or powered by gas, and will be operated in a specific lane.
The second batch of the third batch of Transmashholding railcars will arrive at Alexandria Port next week.
Chairman of the Suez Canal Authority Osama Rabie revealed in a phone-in Monday a number of figures.
The authority invited tenders in November 2019, and received three offers in January.
A few months ago ERA began the construction works of the station located northern Giza governorate.
The Ministry of Transportation launched on Saturday three bus lines whereas the buses are powered by gas and air conditioned.
Thirty-three railcars had been delivered over two batches in May and July.
The ministry will establish a database to manage and control all Nile boats and houseboats.
President Sisi said that the country has achieved great success in facing the COVID-19 crisis.
Sources at ERA told Egypt Today in July that the fifth batch of the train engines supplied by General Electric will arrive in August.
In a statement released Sunday, Rabie pointed out that the decisions are in fulfillment of the instructions of President Abdel Fatah al-Sisi.
The government plans to invest LE3.5 billion in FY2020/2021 in the construction works of the first phase of the fourth metro line.
The sources revealed that there is a disagreement on the financial return the French company will receive.
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