Egypt advances railway localization with €275M Alexandria metro train deal
CAIRO – 11 May 2025: Egypt is taking another major step toward localizing its railway industry, as the National Egyptian Railway Industries Company (NERIC) will manufacture 21 new trains, totaling 189 train cars, for the Alexandria Metro.
The project comes under a thirty-eight-month contract worth 275 million euros, as announced by the Egyptian cabinet.
The contract, signed with the National Authority for Tunnels (NAT), goes beyond just supplying trains. It also includes spare parts, necessary equipment, and a comprehensive ten-year maintenance agreement—featuring regular servicing and one major overhaul—aimed at ensuring long-term operational efficiency.
This new agreement builds on Egypt's broader strategy to strengthen its industrial base and become a regional hub for railway manufacturing.
It follows a landmark $656 million deal inked in 2022 between NERIC and the Ministry of Transport, under which 40 trains are being produced for lines 2 and 3 of the Cairo Metro in collaboration with South Korea's Hyundai Rotem, a leading global manufacturer of railway systems.
Looking ahead, the government revealed that NERIC is in advanced talks with the Transport Ministry and a prominent global transport company to locally manufacture an additional 500 train wagons. Specific details about the deal have not yet been made public.
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