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Published September 24, 2026egyptfactoryindustrial

Transport Minister holds talks with major companies in Berlin to advance joint projects

Egyptian Transport Minister Kamel El Wazir said Thursday, September 24, 2026, that Egypt is accelerating efforts to implement and develop its transportation system across all sectors in cooperation with major international and local companies.

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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Egyptian Transport Minister Kamel El Wazir said Thursday, September 24, 2026, that Egypt is accelerating efforts to implement and develop its transportation system across all sectors in cooperation with major international and local companies. El Wazir made the remarks during an inspection tour of several pavilions of international and Egyptian companies participating in InnoTrans, an international trade fair, in Berlin.

The companies are involved in a range of transportation projects being implemented in cooperation with Egypt's Ministry of Transport. He stressed that adherence to project timelines, rapid execution, high-quality implementation, technology transfer, and industry localization in Egypt are key principles guiding all projects undertaken by the Ministry of Transport.

These efforts, he said, aim to establish an advanced industrial base capable of meeting domestic market needs while creating opportunities for future expansion into export markets. During the tour, the minister reviewed the latest solutions and advanced technologies showcased by participating companies and held discussions with their executives about the progress of ongoing projects and potential areas for future cooperation.

In press statements, El Wazir said the Ministry of Transport is continuously monitoring project implementation rates among contractors and consultants and working to remove any obstacles that could delay completion. He added that these efforts aim to ensure the delivery of advanced, safe, and high-quality transportation services that meet citizens' needs and support tourism, trade, and economic development in Egypt.

During a meeting with Lee Yong-bae, CEO of Hyundai Rotem, El Wazir discussed ways to strengthen cooperation and reviewed the latest developments in several projects. The projects include the manufacture, delivery, and testing of 30 tram units, including spare parts and eight years of maintenance; as well as a project to localize, manufacture, and supply 320 metro cars for Cairo Metro Lines 2 and 3 in cooperation with the consortium of Hyundai Rotem and the National Egyptian Railway Industries Company (NERIC).

El Wazir stressed the need to adhere to the agreed timelines for all these projects. The Minister also met with Valeriano Salciccia, Chairman of Italian company Salcef, to review the progress of the company's railway renewal works covering up to 300 kilometers of Egypt's railway network.

The discussions covered the company's expanded capabilities following the addition of 30 pieces of equipment, including a complete track-renewal train, as well as the establishment of a welding workshop at the Tanta rail yard.

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Transport Minister holds talks with major companies in Berlin to advance joint projects

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Document: SIS Egypt Economy News · Source: SIS Egypt Economy News

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