Egypt’s Transport Ministry Spain’s Talgo, NERIC establish company to manufacture electric trains

Egypt’s Transport Ministry Spain’s Talgo, NERIC establish company to manufacture electric trains

The Ministry of Transport and the Spanish train manufacturer, Talgo, are considering establishing a new company to localise the train manufacturing industry in Egypt, and the National Egyptian Railway Industries Company (NERIC) has recently joined the alliance.

Sources close to the matter told Daily News Egypt that a consortium consisting of the Egyptian Ministry of Transport, Talgo and NERIC is about to finalise the establishment of a new company to localise the electric train industry in Egypt.

The sources added that NERIC recently joined the alliance and that the new company will establish an integrated factory specialised in train manufacturing, pointing out that NERIC will contribute to manufacturing technology.

The Egyptian National Railway (ENR) authority refused to comment on the aforementioned information regarding the stake of the Spanish company, Talgo, for its participation in the localisation of the electric units industry in Egypt. This comes as Talgo has recently signed a memorandum of understanding (MoU) with ENR to provide it with seven sleeper trains, as part of the state’s plan to develop the country’s railway network.

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ENR signed a contract to purchase seven luxury sleeper trains from the Spanish company Talgo last year. The contract includes the implementation of maintenance work for 15 years,