Russia, Egypt sign contract for largest deal of its kind in Egypt’s history

  • Date: 31-Jan-2023
  • Source: Egypt Independent
  • Sector:Industrial
  • Country:Egypt
  • Who else needs to know?

Russia, Egypt sign contract for largest deal of its kind in Egypt’s history

Russia is preparing to establish a huge factory in Egypt, in the Abu Zaabal workshop area, the largest deal of its kind in the history of Egypt.

The Egyptian Ministry of Transport announced that Transport Minister Kamel al-Wazir attended the signing of a contract on establishing a workshop for the maintenance and overhaul of all kinds of Russian trains in Abu Zaabal workshops area, as a first step to establishing a factory to localize the railway vehicles industry in Egypt.

The contract was signed between the National Railway Authority and TMH International AG.

According to Wazir, the contract aims to establish a new workshop in Abu Zaabal in cooperation with Transmash, a group of Russian engineering firms specialising in locomotive building, which will prepare its own designs and supply the necessary equipment for the new workshop in Egypt to carry out maintenance work.

Transmash will also supply of spare parts for a period of 12 years for each vehicle, starting from the date of operating the vehicle, as well as provide technical support for a period of 12 years through 20 experts from Transmash.

In addition, Transmash will provide training for Egyptian technicians, transferring new experience to Egyptian labor, enabling them to carry out all