Thursday 15 October 2020

The Egyptian Cabinet approves the establishment of the National Company for Railway Industry in the Suez Canal Economic Zone



Cairo –Eco –fady labib :The Egyptian Cabinet approved the establishment of the National Company for Railway Industries in the Suez Canal Economic Zone (SCZone) ...


For the purpose of making and repairing rail cars and replace it And its renewal, with the aim of settling this industry, through the contribution between the General Authority for the Suez Canal Economic Zone and each of the Sovereign Fund of Egypt and the private sector, taking into account the development of a mechanism that allows the Ministry of Transport to confirm the global price of the final product, noting in light of this that the Ministry of Transport determines all its needs Of mobile units.


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