Transport Ministry to select between Italian and Hungarian bids for 700 train cars

Italian companies are offering to supply 700 train cars 30% cheaper than the nearest offer, Transport Minister Hisham Arafat says, according to Al Borsa. The Transport Ministry is deliberating two rival bids from Italy and Hungary to supply the 700 train cars to the National Railway Authority. Negotiations are expected to be completed before year-end, Al Borsa adds.