Transmashholding to provide tech support + spare parts for its railcar deliveries
Russia’s Transmashholding will provide technical support and spare parts for the 1.3k rail cars it is delivering to Egypt under a separate 12-year contract signed yesterday, the Transport Ministry said in a statement. The agreement will see the Russian company send 20 experts to Egypt to train engineers on railcar maintenance. The company signed a supply contract in 2018 as part of the country’s overhaul of its railway system. By our count, we have so far received 460 of those railcars.
Other things we’re keeping an eye on this morning:
- Elsewedy heads west: Elsewedy Electrometer will establish a factory for manufacturing smart meters in Benin after signing an agreement with the West African nation over the weekend.
- Tobacco manufacturers and distributors are required to begin printing price stickers on their products within two weeks under a new decision from the Consumer Protection Agency.
- Romania may want to set up its very own industrial zone in the Suez Canal Economic Zone: A Romanian delegation met with SCZone officials over the weekend to discuss joint investments in the area, including a possible Romanian industrial zone.
- Elements of the Russian navy have arrived in Alex for drills, Russian media reported.