Minister of Transport Kamel el Wazir has held an expanded meeting with a delegation from Austrian steelmaker Voestalpine to put the final touches to the Middle East’s largest rail key workshop.
During the meeting, attended by Head of the Egyptian National Railways (ENR) authority Mustafa Abul Makarem and the authority’s officials, the transport minister reviewed a plan to establish a joint company for rail keys by the two sides with a view to achieving self-sufficiency in rail keys in the domestic market; given the increase in demand in line with the large number of projects carried out by the Ministry of Transport.
These include a project to modernize the current railways at a total length of 10,000 kilometers, another one on the high-speed electric railway network, ongoing Metro projects, and the light rail transit (LRT) system.
The move also aims to export surplus production to African and Middle Eastern countries.
The cooperation plan target to secure the production of 300 rail keys per year, and then reach 600 keys in the same period.
It also targets locally transferring modern technology in this sector.
Source: State Information Service Egypt