Hyundai Rotem may supply Egypt with train cars

Hyundai Rotem have been named the sole preferred bidder for an agreement to supply 256 train cars at a cost of USD 420 mn, Yonhap News reported. The train cars will make up half of the 500 cars on Cairo Metro Line Three, a company official said. The agreement will be signed once the company receives an offer letter from Egypt, the official added.