GE to deliver first batch of locomotives to Egypt on Thursday

General Electric will deliver the first batch of 10 locomotives on Thursday, Transport Minister Kamel Al Wazir said, according to Al Mal. The USD 575 mn agreement signed in 2017 includes financing and supplying 100 new locomotives and refurbishing another 81. The US company is contracted to build the first 50 locomotives and deliver them over five batches. The remaining 50 will be manufactured in partnership with local companies.