Who Won the U.S. Presidential Debate?

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, met with the US Ambassador to Cairo, Herro Mustafa, and her delegation to explore opportunities for enhancing cooperation between Egypt and the USA in the industrial and transportation sectors.

El-Wazir highlighted the Ministry of Transport’s long-standing collaboration with American companies in the railway sector. General Electric (now Wabtec) previously supplied 210 new railway locomotives and refurbished 81 locomotives from the current fleet, significantly improving railway traction power, passenger services, and schedule punctuality. Additionally, there has been cooperation with PRL in maintaining railway locomotives.

The minister expressed his desire to deepen cooperation in the industrial and transport sectors, especially given the significant advancements in Egypt’s transport sector and the comprehensive plan to develop its industrial sector. He emphasized Egypt’s commitment to advancing these sectors as drivers of sustainable economic development, underscoring the importance of US support in localizing industries. This includes new and renewable energy fields, green hydrogen production, solar panel manufacturing, wind energy factories, and advanced green industries. Such cooperation would position Egypt as a manufacturing hub for American products, facilitating exports to Arab countries and the region.

El-Wazir also mentioned the Ministry of Transport’s plan to establish 31 dry ports and logistics areas across the country, highlighting the potential for American companies to invest in these logistics areas. Locations such as Salloum, Rafah, Arqin, and Qustul are well-connected with railways, ports, and major roads, making them ideal for storing American goods and products.

He pointed out the opportunities for American companies to manufacture transportation means and traction engines in Egypt. There is also potential for collaboration on one of the high-speed train lines currently being established, specifically the fourth line of the electric high-speed train linking Port Said to Abu Qir.

• Read More