Transportation Ministry to spend EGP 45 bn on railway system in coming years

The Transportation Ministry is plans to spend EGP 45 mn on railway projects in the coming years, Minister Hisham Arafat says, according to Ahram Online. This includes EGP 3 bn to install emergency brake systems on trains, EGP 2 bn on work at some 560 crossings, and EGP 2.4 bn on new signalling systems. Arafat made clear that the government is counting on new private-sector interest in the system at the same time.