Latest news with #AlstomGroup
Al-Ahram Weekly
06-04-2025
- Business
- Al-Ahram Weekly
El-Sisi reviews progress on French Alstom projects in Egypt with CEO
President Abdel-Fattah El-Sisi reviewed on Sunday with Mr. Henri Poupart-Lafarge, Chairman and CEO of French Alstom Group, the progress of several transportation projects the company is undertaking in Egypt and efforts to localise railway manufacturing. The Egyptian presidency stated that Prime Minister Mostafa Madbouly and Deputy Prime Minister for Industrial Development and Minister of Transport and Industry Kamel El-Wazir attended the meeting in Cairo to discuss, among other things, the latest developments regarding the construction of the Alstom industrial complex in Borg El Arab City. The first of the complex's two factories will produce electrical systems and railway components. In contrast, the second will manufacture various mobile units to meet the local market's needs and export to the Middle East and Africa. Furthermore, the agenda included updates on the progress of the Sixth Line of the Cairo Metro and the negotiations currently underway for managing, operating, and maintaining the monorail project east and west of the Nile. President El-Sisi emphasised the importance of completing all these projects within the specified timelines to support Egypt's vision of enhancing its transportation infrastructure and fostering local industry growth. Follow us on: Facebook Instagram Whatsapp Short link:
Zawya
06-04-2025
- Business
- Zawya
Egypt: President El-Sisi Meets Chairman and Chief Executive Officer (CEO) of France's Alstom Group
Today, President Abdel Fattah El-Sisi met with Chairman and CEO of Alstom Group, Mr. Henri Poupart-Lafarge. The meeting was attended by Prime Minister, Dr. Moustafa Madbouly and Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, Lieutenant-General Kamel El-Wazir. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the meeting focused on work progress in projects implemented by the French company in various transport sectors in Egypt, alongside efforts to localize railway industries. The discussion included the latest developments regarding the construction of the Alstom industrial complex in Borg El Arab city, which will house two factories. The first for the production of electrical systems and railway components, and the second for the production of mobile units of various types, thereby contributing to meeting the needs of the local market and exporting to the Middle East and Africa. The meeting also focused on progress of the Sixth Line of the Cairo Metro, as part of efforts toward the expansion of sustainable green mass transit systems, and the completion of the metro network to provide high-quality services to the citizens. The discussion also touched on progress in ongoing negotiations concerning the management, operation, and maintenance of the monorail project in both East and West Nile. The President emphasized the importance of completing all the aforementioned projects according to the specified timelines, in line with the country's vision to develop the transport sector and localize the industry. Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.
