Cairo: Minister of Industry and Transport Kamel El-Wazir spearheaded the ACTA general assembly to approve the firm's 2024 financials and assess key performance metrics, fleet expansion, and advancements in smart transport systems, as disclosed by the ministry.
According to State Information Service Egypt, ACTA currently operates a fleet consisting of 50 buses-30 of which are electric and 20 gas-powered-alongside 144 electric taxis. The company experienced a significant increase in passenger numbers, rising from 1.4 million in 2023 to 2.8 million in 2024. Additionally, ACTA reported a net profit of 47.427 million Egyptian pounds after taxes, with operational revenues reaching 96.857 million pounds in 2024.
Minister El-Wazir emphasized ACTA's agreements with MCV to acquire five minibuses for LRT station service and ten new electric buses for operations within the New Administrative Capital (NAC). These buses feature advanced systems such as audiovisual station announcements, e-payment devices, surveillance cameras, and GPS tracking to enhance inclusivity and rider experience.
The assembly also evaluated the Capital Taxi service, which operates in the NAC, Rehab, Madinaty, Mostakbal, Obour, Badr, Hadayek Al-Asimah, and Fifth Settlement. These environmentally friendly taxis are outfitted with POS devices, GPS, cameras, and digital payment options, and are thoroughly monitored via ACTA's control centre.
The minister urged continuous investment in modern buses, particularly electric ones, and the expansion of ACTA's service areas to better accommodate residential zones housing New Capital employees. He also instructed an increase in the number of minibuses serving Zahrat Al-Asima and the hiring of additional drivers to enhance trip frequency and company revenues, all while ensuring a supportive work environment for both staff and drivers to maintain high service standards.