Egyptian Transport Minister Hisham Arafat said on Friday that President Abdel Fattah El Sisi’s upcoming visit to Russia aims to enhance cooperation between the two countries in the transportation field.
In an interview with Russia Today, Arafat said that an agreement between Egypt and a Russian-Hungarian consortium to produce 1,300 train vehicles at a cost of one billion euros has been finalized.
He noted that the Russian company participating in the consortium is one of the biggest train manufacturers in the world.
The Russian-Hungarian consortium has been hired to help Egypt establish a local manufacturing line at the National Organisation for Military Production, according to Arafat.
The first batch of the carriages will be manufactured in Russia and will be a model for the other batches later.
Source: MENA
