Latest news with #AlexandriaMetro
Egypt Today
11 hours ago
- Automotive
- Egypt Today
Egypt localizes Metro manufacturing, contracts for 189 cars for Alexandria Metro
CAIRO – 9 June 2025: An agreement was signed in Alexandria Governorate to localize and supply 21 metro train units, comprising 189 cars, for the Alexandria Metro project. The project which is currently in its first phase is expected to be extending 21.7 km from Abu Qir Railway Station to Misr Station in Alexandria. The project comes as part of the Ministry of Transport's comprehensive plan to establish a sustainable, green, and environmentally friendly mass transit network in Alexandria, along with plans to localize several industries, rely on local manufacturing, and reduce the import bill. The Metro project units are scheduled to be manufactured at the National Egyptian Railway Industries Company (NERIC). The metro and all types of trains are among the industries the Egyptian government is working to localize. The Ministry of Transport is cooperating with South Korea's Hyundai Rotem, through a partnership with (NERC), to establish a factory for the production of metro trains. The Ministry has contracted with the National Authority for Tunnels to manufacture and localize the production of 40 metro trains, totaling 320 cars, for the second and third lines of the Greater Cairo Metro. The factory is currently being constructed in East Port Said.
Egypt Today
11-05-2025
- Business
- Egypt Today
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.
CairoScene
18-04-2025
- Business
- CairoScene
Egypt Signs EGP 15 Billion Agreement to Build Alexandria Metro Trains
The deal also includes locally producing 40 trains for Cairo Metro Lines 2 and 3. Apr 18, 2025 The Ministry of Transportation has signed a new agreement with the National Egyptian Railway Industries Company (NERIC) to locally manufacture 21 trains for the Alexandria Metro. The contract, valued at up to EGP 15 billion, reflects the government's ongoing efforts to enhance public transport infrastructure while expanding domestic industrial capacity. The deal will be financed by the National Authority for Tunnels (NAT), with payments issued in installments according to a predetermined financial schedule. NERIC, a joint venture established to support Egypt's localisation strategy for railway manufacturing, will lead production efforts at its facility in East Port Said. In addition to the Alexandria Metro trains, the Ministry also confirmed plans to produce 40 trains—equivalent to 320 carriages—for Cairo Metro Lines 2 and 3. This component of the agreement supports Egypt's wider strategy to modernise its metro system and reduce dependence on imported railcars.
Zawya
14-04-2025
- Business
- Zawya
Egypt awards EGP $294mln contract to NERIC for 21 Alexandria Metro trains
Arab Finance: Egypt has awarded a contract worth up to EGP 15 billion to the National Egyptian Railway Industries Company (NERIC) for the manufacture of 21 trains for the Alexandria Metro, Asharq Business reported, citing unnamed sources familiar with the matter. The National Authority for Tunnels (NAT) will finance the project, with payments being made in installments according to an agreed-upon schedule. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Egypt Today
28-02-2025
- Business
- Egypt Today
Phase 1 of Alexandria Metro Construction Ongoing, Says Ministry of Transportation
The construction of the first phase of the Alexandria Metro- press photo CAIRO – 28 February 2025: The construction of the first phase of the Alexandria Metro is progressing, with the installation of cement beams for the 21.7-kilometer project, according to a statement from the Ministry of Transportation issued on Friday. The Alexandria Metro line will extend from the Abu Qir Railway Station to Masr Station, with a total of 20 stations planned along the route. This project marks a significant advancement in eco-friendly public transportation for Alexandria, contributing to both social and economic development in the Mediterranean city. It aims to alleviate traffic congestion and reduce fuel consumption by relying on clean energy sources. Additionally, the project seeks to increase the maximum passenger capacity from 2,850 passengers per hour per direction to 60,000 passengers per hour per direction. It will also reduce travel time from 50 minutes to just 25 minutes, boost operating speed from 25 km/h to 100 km/h, and shorten the pick-up time from 10 minutes to 2.5 minutes.
