The government is looking to arrange USD 75 mn to finance the purchase of locomotive spare parts for urgent maintenance work on the country’s trains, Transport Minister Hisham Arafat tells Al Ahram. No details were provided on whether the government is already in talks with potential suppliers, or the expected timeline of the purchase. Arafat also told the newspaper that the establishment of a new company for high-speed trains is currently in the pipeline. The company will be responsible for executing projects that are currently under study, including constructing two new railway lines connecting the Red Sea coast with the North Coast, and Sixth October City with Aswan.
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