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Egypt Signs EGP 15.6 Billion Deal for Alexandria’s Metro Project

May 11, 2025

  Egypt’s National Railway Industries Company (NERIC) has signed a €275 million (approximately EGP 15.16 billion) agreement with the National Authority for Tunnels (NAT) on Saturday, 10 May, to manufacture and deliver 21 new metro trains for Alexandria’s upcoming electric metro line, according to a statement by the Egyptian cabinet.  The contract, announced during Prime Minister Mostafa Madbouly’s visit to NERIC’s factory in East Port Said on Saturday, includes the supply of 189 railcars, spare parts, equipment, and a comprehensive maintenance plan spanning 10 years. This includes a major overhaul and is expected to be completed within 38 months. The trains are part of the larger Alexandria Metro project, a €1.3 billion (about EGP 68 billion) initiative led by NAT to transform and modernize the city’s public transport. The new line will stretch 43 kilometers and be built in three phases. Prime Minister Madbouly emphasized that the project is a direct implementation of President Abdel Fattah El-Sisi’s directives to expand Egypt’s network of sustainable and environmentally friendly public transport options.  “This signing reflects our commitment to building a modern, efficient, and green mass transit network that eases movement for citizens…


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