{"id":543842,"date":"2022-02-21T04:23:57","date_gmt":"2022-02-21T04:23:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/neric-eyes-production-of-electric-locomotives-by-end-of-2022\/"},"modified":"2022-02-21T04:23:57","modified_gmt":"2022-02-21T04:23:57","slug":"neric-eyes-production-of-electric-locomotives-by-end-of-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/neric-eyes-production-of-electric-locomotives-by-end-of-2022\/","title":{"rendered":"NERIC eyes production of electric locomotives by end of 2022"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>NERIC to begin electric locomotive production by year-end:<\/strong> The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives at its East Port Said factory by the end of 2022, Samcrete Chief Business Development Officer Refky Kamel said, according to Hapi Journal\u2019s print edition. NERIC is currently still building the factory, according to Kamel.<\/p>\n<p><strong>This is later than previously expected:<\/strong> Previous <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7e167b18-7f39-4151-9272-59c17e26fe72\">reports<\/a> had suggested NERIC\u2019s factory would come online and begin production by mid-2022.<\/p>\n<p><strong>Refresher:<\/strong> NERIC was set up in late 2020 as a JV between the Sovereign Fund of Egypt, the Suez Canal Economic Zone, the Transport Ministry, East Port Said Development, Hassan Allam, Samcrete, and Orascom Construction. The company was established as part of a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b53954d2-8ae2-4eb9-b5c3-ef082e747867\">state-led bid<\/a> to localize the rail industry and specializes in producing and refurbishing locomotives.<strong> South Korea\u2019s Hyundai Rotem has now reportedly joined the JV<\/strong>, Kamel said, without providing further details.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MEANWHILE- Spanish train manufacturer Talgo and the Transport Ministry are <\/strong><strong>considering setting up a railway manufacturing facility<\/strong>, according to an Ittihadiya <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/509470193875047\">statement<\/a> following President Abdel Fattah El Sisi\u2019s sit-down with Talgo Chairman Carlos Oriol. Talgo recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a59711e-961d-4304-9ac3-b76ecef25fbc\">signed<\/a> an MoU with Egyptian National Railways to supply Egypt with seven sleeper trains as part of the country\u2019s railway overhaul, and is also supplying us with <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/02\/egypts-nra-signs-eur-157-mn-contract-with-spains-talgo-to-purchase-six-trains\/\">six new passenger trains<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NERIC to begin electric locomotive production by year-end: The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives at its East Port Said factory by the end of 2022, Samcrete Chief Business Development Officer Refky Kamel said, according to Hapi Journal\u2019s print edition. NERIC is currently still building the factory, according to Kamel. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":543843,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7261],"tags":[96,72,418,579,997,370,207,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transport","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-hyundai-rotem","tag-neric","tag-samcrete","tag-sovereign-fund-of-egypt","tag-transport","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"99b2f9e9-d37b-47e0-8764-737c5a8dcd12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/2\/296.jpg","photo_position":"above","related_issue":[543829],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NERIC eyes production of electric locomotives by end of 2022 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/neric-eyes-production-of-electric-locomotives-by-end-of-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NERIC eyes production of electric locomotives by end of 2022\" \/>\n<meta property=\"og:description\" content=\"NERIC to begin electric locomotive production by year-end: The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives at its East Port Said factory by the end of 2022, Samcrete Chief Business Development Officer Refky Kamel said, according to Hapi Journal\u2019s print edition. NERIC is currently still building the factory, according to Kamel. 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NERIC is currently still building the factory, according to Kamel. 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Under the agreement, the South Korean railway equipment manufacturer will produce 40 trains comprising 320 carriages for Metro lines 2 and 3 alongside the\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562026,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/hyundai-rotem-neric-to-manufacture-railcars-in-egypt\/","url_meta":{"origin":543842,"position":2},"title":"Hyundai Rotem, NERIC to manufacture railcars in Egypt","author":"enterpriseam admin","date":"4 May 2021","format":false,"excerpt":"South Korea\u2019s Hyundai Rotem will partner with the National Egyptian Railway Industries Company (NERIC) to produce railcars in Egypt after the two signed an MoU on Wednesday, the Planning Ministry said in a statement(pdf). The company will set up plants in Egypt to manufacture railway cars, signaling systems, and control\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/24.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665000,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/11\/neric-to-produce-alexandria-metro-trains-new-west-port-said-port-projects-go-live\/","url_meta":{"origin":543842,"position":3},"title":"Neric to produce Alexandria Metro trains + new West Port Said Port projects go live","author":"enterpriseam admin","date":"11 May 2025","format":false,"excerpt":"The 38-month contract entails spare parts, equipment supplies, and a 10-year maintenance period","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/733.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":609872,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/12\/taqa-arabia-launches-tanzanias-first-cng-station-plus-news-from-capricorn-energy-neric-samcrete-cashcall\/","url_meta":{"origin":543842,"position":4},"title":"TAQA Arabia launches Tanzania\u2019s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall","author":"enterpriseam admin","date":"12 November 2023","format":false,"excerpt":"The CGN station is the first of 12 stations TAQA will set up in Tanzania","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/540.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565919,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/17\/big-plans-for-railway-manufacturing-in-the-sczone\/","url_meta":{"origin":543842,"position":5},"title":"Big plans for railway manufacturing in the SCZone","author":"enterpriseam admin","date":"17 May 2021","format":false,"excerpt":"Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic Zone (SCZone), Al Mal reports, citing sources familiar with the matter. 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