{"id":595836,"date":"2019-08-07T04:00:26","date_gmt":"2019-08-07T04:00:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/"},"modified":"2019-08-07T04:00:26","modified_gmt":"2019-08-07T04:00:26","slug":"egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/","title":{"rendered":"Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer"},"content":{"rendered":"<p>The National Tunnels Authority signed two contracts with South Korea\u2019s Hyundai Rotem and France\u2019s Socofer to provide 6 new metro trains and 2 locomotives for line 2 of the Cairo metro,<a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/1368057353351254?__tn__=K-R\">according to a Transport Ministry statement<\/a>. Hyundai will provide the new trains at a cost of USD 131 mn and the first train will arrive after 2 years. Socofer will provide the locomotives at a cost of EUR 3.7 mn. The contracts will be partially financed through an EUR 100 mn loan from the European Bank for Reconstruction and Development (EBRD). The new purchases are part of an EGP 30 bn plan to revamp Lines 1& 2 of the Cairo Metro.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Tunnels Authority signed two contracts with South Korea\u2019s Hyundai Rotem and France\u2019s Socofer to provide 6 new metro trains and 2 locomotives for line 2 of the Cairo metro,according to a Transport Ministry statement. Hyundai will provide the new trains at a cost of USD 131 mn and the first train will arrive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9291],"tags":[2370,72,418,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595836","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-hyundai-rotem","tag-transport","wpautop","entry"],"acf":{"mongo_id":"1f6371e7-3b6b-436b-8fe8-1fbe3cf5101c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595814],"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>Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer - 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\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer\" \/>\n<meta property=\"og:description\" content=\"The National Tunnels Authority signed two contracts with South Korea\u2019s Hyundai Rotem and France\u2019s Socofer to provide 6 new metro trains and 2 locomotives for line 2 of the Cairo metro,according to a Transport Ministry statement. Hyundai will provide the new trains at a cost of USD 131 mn and the first train will arrive [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-07T04:00:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer\",\"datePublished\":\"2019-08-07T04:00:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"Hyundai Rotem\",\"transport\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/egypt-signs-contract-for-metro-trains-and-locomotives-with-hyundai-rotem-socofer\/\",\"name\":\"Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer - 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Hyundai Rotem had signed a EUR 350 mn contract for 32\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644709,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/hyundai-rotem-lands-eur-350-mn-contract-to-supply-metro-cars\/","url_meta":{"origin":595836,"position":1},"title":"Hyundai Rotem lands EUR 350 mn contract to supply metro cars","author":"enterpriseam admin","date":"2 July 2017","format":false,"excerpt":"Hyundai Rotem lands EUR 350 mn contract to supply metro cars: The National Authority for Tunnels signed a c.EUR 350 mn agreement with Hyundai Rotem to supply 32 air-conditioned cars for the Cairo Metro lines Three and Four on Thursday 22 June, according to a statement from the Ismail cabinet.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652162,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/transport-ministry-negotiating-loan-with-south-koreas-hyundai-rotem-for-new-metro-cars\/","url_meta":{"origin":595836,"position":2},"title":"Transport Ministry negotiating loan with South Korea\u2019s Hyundai Rotem for new metro cars","author":"enterpriseam admin","date":"2 January 2017","format":false,"excerpt":"The Transport Ministry is in talks with South Korea\u2019s Hyundai Rotem on financing for 64 new cars for Cairo Metro Line 3. Talks with South Korea regarding the funding of Cairo Metro Line 5 are also ongoing, and Transport Minister Galal Saeed met with South Korea\u2019s ambassador in Cairo yesterday\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653101,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/hyundai-rotem-may-supply-egypt-with-train-cars\/","url_meta":{"origin":595836,"position":3},"title":"Hyundai Rotem may supply Egypt with train cars","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"Hyundai Rotem have been named the sole preferred bidder for an agreement to supply 256 train cars at a cost of USD 420 mn, Yonhap News reported. 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The agreement will\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594337,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/hyundai-rotem-to-send-first-batch-of-air-conditioned-metro-cars-in-april\/","url_meta":{"origin":595836,"position":4},"title":"Hyundai Rotem to send first batch of air-conditioned metro cars in April","author":"enterpriseam admin","date":"27 October 2019","format":false,"excerpt":"Egypt will begin receiving in April 32 new air-conditioned metro cars in batches from Hyundai Rotem for the Cairo Metro Line 3, Transport Minister Kamel El Wazir said, according to a ministry statement. This is two months earlier than expected: the National Tunnel Authority said last month that the cars\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595515,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/egypt-to-receive-32-cars-for-third-metro-line\/","url_meta":{"origin":595836,"position":5},"title":"Egypt to receive 32 cars for third metro line","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"The National Tunnel Authority will receive 32 new air-conditioned metro cars worth from Hyundai Rotem for Cairo Metro Line 3, according to Egypt Today. NAT will receive the metro cars in batches from June to the end of 2020. 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