Egypt Transport Ministry Spokesperson Ahmed Ibrahim announced that the Ministry formed a committee to set the bid requirements and specifications of a contract with a foreign company to manage and operate the railway using a World Bank loan.
The process aims to take advantage of a global consulting experience that would assist in the management of the railway system and the training of staff on the latest operating techniques to raise the efficiency of this important facility, which suffers from losses and low service levels, Ibrahim said.
“This is the optimal use of foreign aid,” Ibrahim added.
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