AOI mulls developing Egypt’s railways with major int’l firms

The Head of the Arab Organization for Industrialization (AOI) Abdel Mon’em el Tarras stressed the importance of benefiting from the international expertise in upgrading the railways sector.

He pointed out to directives of President Abdel Fattah El Sisi to swiftly develop Egypt’s railways in line with the most modern technologies.

During his meeting with a delegation representing “Bombardier” international company, Tarras said that there is full coordination with the Transport Ministry via a joint follow-up committee in order to fulfill the development needs of the railways sector.

For its part, the firm’s delegation expressed keenness on enhancing cooperation with Egypt in light of the attractive investment atmosphere it is enjoying.

Source: State Information Service Egypt