Investment, Transportation ministers discuss railway offers with GE, Siemens

Investment and International Cooperation Minister Sahar Nasr and Transportation Minister Hisham Arafat reviewed General Electric’s offer to supply 100-200 train cars as part of Egypt’s railway development project with GE Egypt’s CEO Ayman Khattab, according to an Investment Ministry statement. The company’s offer will see 35% of the train cars manufactured in Egypt. Nasr and Arafat also met with Siemens executives to discuss the company’s offer to manufacture and supply 100 locomotives.