{"id":631102,"date":"2018-03-11T03:55:23","date_gmt":"2018-03-11T03:55:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/transportation-ministry-is-kicking-off-railway-privatization\/"},"modified":"2018-03-11T03:55:23","modified_gmt":"2018-03-11T03:55:23","slug":"transportation-ministry-is-kicking-off-railway-privatization","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/transportation-ministry-is-kicking-off-railway-privatization\/","title":{"rendered":"Transportation Ministry is kicking off railway privatization"},"content":{"rendered":"

<\/a> Transportation Ministry to kick off privatization of railway system: <\/strong>The Transportation Ministry is reportedly about to begin privatizing Egypt\u2019s railways and divvying up railway assets for the private sector to manage, ministry sources tell Al Borsa<\/a>. The ministry will establish companies to manage each railway and these will be run by private companies, they added. The pilot project of the program will involve three railway lines: Ain Sokhna-New Capital, Luxor-6 October City, and Hurghada-Luxor. The ministry began procedures to establish the companies immediately following the House of Representatives vote last week<\/a> to approve amendments to the Railway Act, the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Transportation Ministry to kick off privatization of railway system: The Transportation Ministry is reportedly about to begin privatizing Egypt\u2019s railways and divvying up railway assets for the private sector to manage, ministry sources tell Al Borsa. The ministry will establish companies to manage each railway and these will be run by private companies, they added. 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The ministry will establish companies to manage each railway and these will be run by private companies, they added. 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Details are sketchy so far, but the sources say that\u2026","rel":"","context":"In "SPEED ROUND: TRANSPORT"","block_context":{"text":"SPEED ROUND: TRANSPORT","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/327.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565714,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/three-scenarios-for-how-the-private-sector-could-help-egypts-railway\/","url_meta":{"origin":631102,"position":1},"title":"Three scenarios for how the private sector could help Egypt\u2019s railway","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"Here\u2019s what private sector involvement in Egypt\u2019s railways might look like: The government is mulling establishing three JVs with foreign rail companies to manage Egypt\u2019s railway network as part of plans to bring in the private sector to improve the country\u2019s ailing railway system following a string of deadly accidents,\u2026","rel":"","context":"In "SPEED ROUND: TRANSPORT"","block_context":{"text":"SPEED ROUND: TRANSPORT","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569046,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/transport-ministry-postpones-alamein-ain-sokhna-high-speed-railway\/","url_meta":{"origin":631102,"position":2},"title":"Transport Ministry postpones Alamein-Ain Sokhna high speed railway","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"The Transport Ministry has postponed the Alamein-Ain Sokhna high speed railway due to the project\u2019s high cost, reports Al Shorouk, citing a ministry official. The ministry is still considering bids from the two consortiums of predominantly Chinese companies for the project, who have met the technical requirements. The ministry is\u2026","rel":"","context":"In "Automotive + Transportation"","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":578360,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/26\/cabinet-gives-initial-approval-to-freight-transport-privatization-makes-some-shop-owners-lives-easier-after-public-shops-law-controversy\/","url_meta":{"origin":631102,"position":3},"title":"Cabinet gives initial approval to freight transport privatization + makes some shop owners\u2019 lives easier after Public Shops Law controversy","author":"enterpriseam admin","date":"26 December 2022","format":false,"excerpt":"Are we one step closer to privatizing Egypt\u2019s freight transport sector? Cabinet approved in principle the decision to grant a consortium of private companies the operations and management of freight transport in a step to partially privatize the sector, according to a cabinet statement. 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