Lt. General Kamel El- Wazir, Minister of Transport, met with the Hungarian minister of Foreign Affairs & Trade Peter Szijjarto in the presence of both the head of the railway authority and the head of the Hungarian company Transmach Holding, on the sidelines of receiving the first batch of new cars supplied from Hungary as part of the deal to manufacture and supply 1,300 new railway cars, which was signed between the railway authority and the Russian company, Transmach, representing the Russian-Hungarian consortium, worth one billion and 16 million and 50 thousand euros, of which 260 vehicles have so far arrived.
The two sides praised the distinguished relations between the two countries, the fruits of which were the carriages deal being supplied, which is considered the largest in the history of Egyptian railways, where the Hungarian Minister of Foreign Affairs and Trade expressed his appreciation for this deal, which he described as a bright sign in the field of cooperation between the two sides, stressing the commitment of the Hungarian side to the deadlines for the supply of vehicles.
Peter Szijjarto said that the shipment of the first batch of air-conditioned vehicles manufactured in Hungary will start next June 2021. The Hungarian side expressed interest in launching cooperation with the Egyptian side in the field of localizing the railway industry, pointing to the interest in cooperation in the field of manufacturing 200 new railway sleeping carriages with the localization of their industry in Egypt through cooperation between Hungarian companies, the Egyptian Ministry of Transport and the Arab Organization for Industrialization in accordance with the specifications set by the Authority. Egyptian Railways, while providing the necessary financing for the deal.
The minister praised the interest of the Hungarian side in sending Egyptian students to Hungary through educational scholarships in all fields, and the minister pointed out the possibility of sending railway engineers to Hungary for training in railway technology.
For his part, Lt. General Eng. Kamel El-Wazir, welcomed the current joint cooperation and the Hungarian side’s commitment to the deadlines set for the supply of vehicles, especially as work is underway in the Ministry of Transport to implement the directives of the political leadership for the comprehensive development of the railway system.