The Egyptian Cabinet’s IDSC published a new infographic titled “National Egyptian Railway Industries Company (NERIC): the Future of Trains in Egypt”.
The new infographic said that the NERIC establishment’s key strategic objective is the development of a capable local supply base of rolling stock units.
NERIC’s localization program will follow a phased approach towards achieving an ambitious long-term objective of 50% local content within the forthcoming 10 years with a projected investment of $10 bn over a prospective area of 300,000 m2, the infographic noted.
Factory Planned Capacity:
Phase 1: Metro Production Line (100 units/ year)
Phase 2: Rehabilitation Plant (125 units/ year)
Phase 3: Long Distance/High-Speed Trains (150 units/ year)
It's worth mentioning that NERIC is a joint establishment between the Egyptian government and the private sector.