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| 17 June, 2017

Egypt signs $575mln agreement with GE for 100 locomotives

Image used for illustrative purpose. Passengers wait as a strike by train drivers suspends train traffic in Egypt at the main station in Cairo.

Image used for illustrative purpose. Passengers wait as a strike by train drivers suspends train traffic in Egypt at the main station in Cairo.

REUTERS/Amr Abdallah Dalsh

The agreement also includes GE carrying out maintenance and upgrades on 81 trains the Egyptian National Railways bought in 2008, and training Egyptian engineers

CAIRO, June 17 (Reuters) - Egypt signed a $575 million agreement with General Electric Co on Saturday for GE to provide 100 new multi-use locomotives, 15 years of technical support and spare parts, and maintenance and upgrades of 81 trains, the government said.

Transport Minister Hisham Arafat said in a government statement the first shipment of 25 locomotives would arrive in 2018 as part of a plan to have 25 million tonnes of goods transported via railway by 2022.

The agreement also includes GE carrying out maintenance and upgrades on 81 trains the Egyptian National Railways bought in 2008, and training Egyptian engineers.

(Reporting by Ahmed Aboulenein; editing by Andrew Roche) ((ahmed.aboulenein@thomsonreuters.com; +20 2 2394 8097; Reuters Messaging: ahmed.aboulenein.thomsonreuters.com@reuters.net))