Skip to content Skip to Search
Skip navigation

France’s Alstom to establish industrial complex in Egypt

By Pramod Kumar
Alstom Egypt Alstom
Alstom proposes setting up two factories in Borg Al Arab city in Alexandria

The Egyptian cabinet has approved an investment plan by French train maker Alstom to set up an industrial complex in Alexandria.

Alstom proposes setting up two factories, one for producing components such as signals, panels and electrical control circuits, Egypt Today newspaper reported.

The second plant will manufacture mobile units for metro lines, trams, light rail transit, monorail and express trains.

The products of both factories will be exported to various countries, although the first units from the mobile unit factory will be for the sixth line of the Cairo metro.

The factories will be located in Borg Al Arab in Alexandria, which will aid in facilitating exports and ease imports of raw materials via Alexandria port.

The factories will cover an area of ​​125,453 sq m, with 36,421 sq m reserved for future expansions.

The project will provide 1,200 job opportunities for Egyptian engineers and technicians. 

Egypt earlier this year inaugurated Tahya Misr terminal at the Port of Alexandria, which can handle 12 to 15 million tonnes of merchandise annually.

Latest articles

Cargo is loaded onto an aeroplane. The Middle East-Europe route accounts for 5% of global traffic

Middle East-Europe is ‘fastest-growing route for air cargo’

The Middle East-Europe route for air cargo was the fastest growing in the world in October, according to International Air Transport Association figures.  Annual growth in cargo tonne-kilometres stood at 15.3 percent in October, IATA said. The global average is 9.8 percent and the Middle East average is 4.5 percent. The Middle East-Europe route has […]

UAE citizens receiving housing aid include the elderly, retirees on lower incomes and widows

Abu Dhabi citizens receive $3.6bn in housing benefits

To coincide with the UAE’s Eid Al Etihad celebrations, thousands of Abu Dhabi citizens have received housing benefit packages worth a total of AED7.72 billion ($2.1 billion). This package, the third awarded this year, brings the total value of housing benefits disbursed to Emiratis during 2024 to AED13.2 billion ($3.6 billion) This week 5,374 Emirati […]

Solar panels near Nanchang, China; Acwa Power wants to acquire clean power assets with a value of up to 20GW

Acwa Power plans to invest $50bn in China by 2030

Saudi energy company Acwa Power plans to invest up to $50 billion in renewable energy projects in China, a senior executive said on Tuesday.  Lyu Yunhe, Acwa Power’s head of China operations, said they aim to work with Chinese state-owned companies to acquire clean power assets with a value of up to 20GW and an additional 1 […]

Turkey inflation rate cut

Rate cut for Turkey in balance as inflation stays high

Despite higher than expected inflation in Turkey in November, the window may remain open for the central bank to cut its key lending rate before the end of this year.  Turkey’s annualised inflation rate fell back to 47.1 percent in November, data issued by the statistics agency Turkstat on December 3 showed, down from October’s […]