CAIRO: The technical and economic feasibility studies of a train and metro carriages factory will be finished in April by China’s AFIC International, Youm7 reported Tuesday.
The Egyptian National Railways (ENR) has selected the Delta town of Abu Za’bal in Qalyubia to build the first factory to manufacture the carriages locally, saving foreign exchange used to import railway equipment, ENR chief Ahmed Hamed told Youm7.
Abu Za’bal was chosen because it hosts ENR’s production workshops; the project will develop the workshops and connect them to the factory, Hamed said.
The factory will be established per an agreement with the holding company AFIC International, signed during the Egypt Economic Development Summit last month. AFIC will execute the project with a preliminary investment of $500 million.
The government plans to build more train factories to sustain domestic needs and also begin exporting the production.
Hamed’s statements followed a lengthy meeting with Minister of Transport Hany Dahy, revealing that ENR has begun running a special train between Cairo and Matrouh, a Mediterranean resort west of Egypt, for the first time.
Starting Wednesday, the train will depart Cairo at 7:30 a.m. and arrive Matrouh at 3:15 p.m., and begins the trip to Cairo at 4:30 p.m. at a ticket price of 20 EGP ($2.6.) Previously, Matrouh could only be reached directly from Cairo by plane.
Further, Hamed and Dahy agreed that cancer patients and their escorts would be given free railway tickets, as part of ENR’s “social responsibility.”