Enhancing Egypt’s passenger railways for sustainable economy

  • Date: 16-May-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Enhancing Egypt’s passenger railways for sustainable economy

The Egyptian passenger railways play a key role in the country’s economic growth. Not only do they contribute to the country’s revenues, but also help connect people to their destinations. Therefore, the Egyptian government is keen to develop passenger railways in order to provide citizens with an efficient railway system.

Egyptian Railways: An Active Economic Player

Egyptian railways are contributing to Egyptian economic growth. In February, Egypt's railways recorded EGP 325.6 million in revenues, while the number of passengers traveling/moving via railways reached 34.7 million people, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) March monthly bulletin.

The Egyptian National Railways (ENR) helps deliver passengers to their destinations in a short time. The Egyptian Metro, which is a part of the Egyptian railways, is seen as an efficient mean of transportation that saves time and money while preserving the environment.

The financial savings resulted from eliminating the negative impacts of carbon emissions, due to the abundance of fuel for the use of Metro’s networks instead of private vehicles, were calculated to have added value to the economy at EGP 337.31 million in 2014 and at EGP 5.6 billion cumulatively from 2014 to 2021, Azza Ali Farag, Assistant Professor of Economics at