Railway ticket price hikes to be implemented over several phases
Railway ticket prices to rise in multiple jumps: The planned increase in railway ticket prices will be implemented in multiple phases, Assistant Transport Minister Amr Shaat tells Al Shorouk. The first price hike will be announced once the ministry completes its study on the issue with the Administrative Control Authority (ACA), and the ministry will set a timeline for further increases necessary to plug the National Railways Authority’s financing gap. According to Shaat, the increase will only come into effect once the rate is approved by the Ismail cabinet and the ACA. Transport Minister Hisham Arafat had said earlier this week that ticket prices will climb 20-25%.
Transport Ministry mulls several proposals for Cairo Metro ticket prices: Meanwhile, the Egyptian Company for Metro Management and Operation presented the Transport Ministry yesterday with two proposals for the planned increase of metro ticket prices, unidentified sources tell Al Masry Al Youm. Both scenarios rely on a tier system for pricing. The first scenario would set a base rate of EGP 2 for eight stations and a maximum rate of EGP 5 for a ticket that would cover all 35 metro stations. The scenario also includes two other tiers, both priced at EGP 3, for an undisclosed number of stops. The second scenario would set a base rate of EGP 3 for nine stations, a second tier at EGP 4, and the maximum tier at EGP 5. The latter scenario is more likely to win approval, according to the sources.