Egypt receives first batch of locomotives from General Electric

General Electric delivered yesterday the first batch of 10 railway locomotives Egypt purchased under a USD 575 mn agreement signed in 2017 that includes financing and supplying 100 new locomotives and refurbishing another 81, according to Al Shorouk. 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.