What’s the latest on Alstom’s Borg El Arab complex? French rolling stock company Alstom has upped the investment ticket for its Borg El Arab railway manufacturing complex to up to EUR 100 mn, Alstom Egypt Managing Director Ramy Salah Eldeen told EnterpriseAM on the sidelines of TransMEA yesterday.

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REMEMBER- Alstom inked a land usufruct agreement with the General Authority for Land and Dry Ports for the project in April — a time when the project had a EUR 80 mn price tag.

About the complex: It will feature two factories — the first for manufacturing electrical and signaling systems for local projects and exports. Exports from the plant are expected to hit EUR 50-70 mn annually.

Production timeline: The first factory will go online by the end of 2026, while the metro car factory will go online mid-2026, Salah Eldeen said.

Freight wagons could be next in line: While the focus is currently on metro cars, Alstom is open to producing freight wagons once production at the new complex stabilizes, Salah Eldeen said. “We’ll study this step later once we’ve expanded our current output and the facility is ready to meet demand efficiently.”

A hub for smart rail exports to Africa: Alstom aims to turn the complex into a manufacturing and export base for smart rail systems in Africa, leveraging Egypt’s strategic location and industrial development to expand into regional markets, Salah Eldeen said.

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