Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 19, 2017

GE signs $575m deal to supply 100 locomotives to Egyptian railways

GE has signed a letter of intent (LoI) worth $575m with the Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Passenger Evolution Series Locomotives.

GE has signed a letter of intent (LoI) worth $575m with the Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Passenger Evolution Series Locomotives.

The trains can be used for both passenger and freight rail, and are equipped with 12-cylinder, 3,200 horsepower GE Evolution Series engines. They also provide high-power output to offer better productivity, as well as flexibility in heavy-haul operations.

The parties have also signed a 15-year agreement for parts and technical support for GE locomotives in ENR’s new and existing fleet.

GE will provide technical training to 275 ENR engineers and employees under the new agreement, in a bid to improve local capabilities and technical skills.

GE vice-chairman John Rice said: “A common thread amongst national strategies across the globe is the provision of sustainable and advanced infrastructure, with transportation a particularly crucial component.

“We are working with the MoT and ENR on the entire process, from ensuring a competitive financing solution with partners to the manufacture and technical support for the locomotives, and the training and development of engineers.”

Content from our partners
Four principles to harness data for asset management
The green transportation revolution: An unprecedented opportunity to invest in the future
"We are looking forward to bringing the latest technologies to improve rail infrastructure in Egypt. Together with GE, we will work on enhancing the efficiency of rail transportation."

The strategic agreement is expected to support GE Transportation’s efforts to strengthen its global presence.

ENR chairman Medhat Shousha said: “We are looking forward to bringing the latest technologies to improve rail infrastructure in Egypt.

“Together with GE, we will work on enhancing the efficiency of rail transportation for both freight and passengers.”

GE has been operating in Egypt for more than 40 years and currently employs more than 700 personnel in the country.


Image: GE signs deal to develop rail infrastructure in Egypt. Photo: courtesy of General Electric.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The railway industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU