Transportation
Egypt and France expand cooperation with major development projects across key sectors.
Egyptian Minister of Transport, Engineer Kamel Al-Wazir, and Minister of Business Sector Dr. Mohamed Esmat held an expanded meeting to discuss joint cooperation in localizing the bus industry in Egypt.
The meeting also discussed one of the important projects within the framework of the development plan, which is the green hydrogen production and export project, in cooperation with the alliance led by DEME Group. The total foreign direct investments in the project amount to 26 billion dollars during the coming years.
New terminals and multipurpose stations are stepping up the significance of Egyptian ports .
The route of the third phase of the third line extends for a length of 17.7 kilometers and includes 15 stations, from Ataba Station to Kit Kat Square, to northern Imbaba and to the Ring Road, then to Mohandessin and Boulaq El Dakrour, passing through Wadi El Nile Street and Gameat Al Dewal street, and then extending to Cairo University.
The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways. Their strategic location was chosen to facilitate trade in Alexandria
“Much more extensive efforts should be exerted and more money is needed for the country to successfully make use of its position,” he said.
Leaders from Egypt's National Authority for Tunnels and National Authority for Railways were also in attendance.
President Abdel Fatah al-Sisi ratified Wednesday the agreement between Egypt and the French Development Agency (AFD) on financing the establishment of Abou Kir Metro in Alexandria.
El-Wazir described the decision as a delayed one that should’ve been taken ever since the inauguration of the third metro line, Adly Mansour.
COP 27 President and Minister of Foreign Affairs Sameh Shokry made the statements Thursday in the opening of Climate Solutions Thematic Day.
This project will strengthen the railway network in Egypt, one of the largest railway networks in the African continent; enhancing the country’s green transition and move towards low carbon emissions.
Member of the Housing, Municipal Management, and Transport Committee at the Senate Hani al-Assal demanded expanding reliance on freight trains and inland transportation to reduce traffic accidents.
Nagdy pointed out that 80 percent of the components are locally made.
The electric transport project in Nabq Reserve is in its experimental stage, and it will be expanded in the coming period, especially in light of the government’s program to transform Sharm El-Sheikh into a green and sustainable city with all its facilities.
Technical inspection will start right away.
The deal is worth LE323 million.
Egypt has developed a future strategy to introduce electric means of transport into public transport.
The school is specialized in the design, production, and maintenance of means of transportation and transportation facilities.
“River transport will ease the burden on roads and reduce traffic density and pressure,” said Parliamentarian Alaa Abed.
