Thursday March 28th, 2024
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EGP 55 Billion to be Invested Into Egypt’s Railway Network

Egypt is working towards reforming its transportation networks in a series of ongoing projects.

Staff Writer

EGP 55 billion will be invested into reforming Egypt’s railway network - as one of the projects in a comprehensive plan to improve the system - announced Hesham Arafat, Egypt’s minister of Transport, on Monday.

Among deals to buy 100 new tractors from General Electric, a US company, the renovation of 100 more has been a approved along with a deal for 1,300 new passenger carriages to be signed.

As part of the investments going into infrastructure, stations and carriages, several of these improvements are set to be complete by next year. As part of the comprehensive plan, a new high-speed railway linking the Mediterranean areas to the red sea areas is also being constructed. While an electric train from Cairo to the new Administrative capital is set to be completed by 2020. Egypt’s president Abdel Fattah al-Sisi has already signed an agreement in September with Chinese company Xi Jinping, to build a new electric train linking New Cairo and 10th of Ramadan City to the new administrative capital. 

In a report done by Campas, the number of train accidents between 2004 and 2016 rose to 13,539, according to Egyptian Streets.

Main image from Soutalomma.com