Egypt is taking a major step towards producing trains for the new Alexandria Metro line, which is scheduled to be put into service by 2026. According to the railway transport news platform Railway Supply, Up to $300 million investment will be made.
Dependency on Imports Will Decrease with Domestic Production
The local company, which has the support of the government and South Korea's Hyundai Rotem, will undertake this critical project, which will be financed by the National Tunnels Authority (NAT). NERIC (National Egyptian Railway Industries Company) The decision is seen as an important part of Egypt’s strategy to promote localization in the rolling stock sector and reduce its dependence on imports.
Egypt is also working on modernizing the 2nd and 3rd lines of the Cairo Metro in the capital 40 eight-car train sets He also confirmed the order. Meeting this order with local production supports the country's goal of increasing its competence in this area.
Information About the First Alexandria Metro Line
The first metro line of Alexandria, total 21,7 kilometers will be long and on 20 station This important infrastructure project will be implemented in partnership with French Colas Rail and Egyptian Orascom Construction companies. The new metro trains will Up to 100 kilometers will be able to provide service at speeds.
NERIC Becomes Egypt’s Rolling Stock Manufacturing Center
NERIC’s new and modern facility in Port Said will become the heart of Egypt’s rolling stock production. This strategic facility to become operational within this year The opening of the facility will create a significant number of new jobs and enable international technology transfer.
NERIC’s strong partnership with South Korean giant Hyundai Rotem is seen as a key factor in accelerating the development of Egypt’s railway industry, with Egypt also aiming to export locally produced rail vehicles to other countries in the near future.
Modern Transportation Solution and Economic Development Goal
The new Alexandria Metro will significantly improve urban mobility in Alexandria, the country’s second largest city, providing millions of residents with a modern, fast and reliable transportation alternative. This investment is also expected to stimulate economic growth and attract new investments to the region.
Egypt’s strategy of increasing local manufacturing capacity and collaborating with experienced global companies clearly demonstrates the country’s determination to transform its public transport systems with a long-term vision. The Alexandria Metro project is considered a major milestone in this strategy.
