Transport Ministry to announce winning offer for 1,300 new locomotives next month
The Transport Ministry is planning to announce the winning offer from international companies to supply 1,300 new locomotives for the National Railway Authority’s fleet next month, Minister Hisham Arafat said yesterday, Al Borsa reports. The ministry is currently deliberating between three rival bids from Italy, China, and a Hungarian-Russian consortium. The ministry had initially said it would purchase 800 locomotives from the winning international company, but has since increased that number to 1,300. The ministry has also reached a separate agreement with the Arab Organization for Industrialization to manufacture another 300 locomotives, and expects to receive them within two years.