Overview
| . | 2005 | 2006 | 2007 (estimated) |
|---|---|---|---|
| Total Market Size | 85 | 87 | 1000 |
| Total Local Production | 0 | 0 | 0 |
| Total Exports | 0 | 0 | 0 |
| Total Imports | 85 | 87 | 1000 |
| Imports from the U.S. | 40 | 44 | 500 |
(Exchange rate used: 1 USD = LE 5.75. Values are in millions of
U.S. Dollars. Figures listed are unofficial estimates.)
After decades of negligence and following a series of major train
accidents, the Egyptian Government allocated immediate funds of
approximately $1 billion to reform the Egyptian National Railway
Authority (ENR). Developing and reforming the railway
system is one of Egypt’s top priorities at present.
The new Egyptian Ministry of Transportation (MOT) has recently modified the railway law allowing private sector participation and operation of railway projects. There is significant local demand for railway parts in the Egyptian market as most of the equipment is old and in need of rehabilitation and/or replacement. The MOT plans to issue tenders by early 2007 through the ENR for the purchase of new locomotives and parts, rehabilitation of outdated locomotives, signaling equipment and spare parts, increasing networks, and upgrading of railway stations. The U.S. has dominated the market for locomotives and mechanical and electrical spare parts for the past fifty years.
Best Products/Services
- Locomotives and spare parts
- Electrical and mechanical spare parts
- Signaling equipment
- Electrification and maintenance
- Safety and security equipment
- Diesel engines, traction motors, alternators, radiator and fans
- Train station management/upgrade
Opportunities
There are substantial opportunities mainly in locomotives, signaling, electrification, safety and security equipment for U.S. firms to enter the railway market through BOT projects, and to partner with local private firms through long-term partnerships, provided that prices are competitive and either credit or financing packages are offered.
Resources
Road Safety and Traffic Management Conference
Date: February 14-15, 2007
Organizer: International Event Partners
Tel: +20 (0) 2 517 0271; Fax: +20 (0) 2 517 0272; Email: rcahill@i-ep.com ;
dmorrissy@i-ep.com ;
Website: www.trafficegypt.com
Other contacts:
Commercial Service in Egypt: http://www.buyusa.gov/egypt/en/
U.S. Embassy: http://usembassy.egnet.net
USAID: http://www.usaid-eg.org/
World Bank: http://www.worldbank.org/
American Chamber of Commerce in Egypt: http://www.amcham.org.eg
Egyptian Government Web Portal: http://www.egypt.gov.eg/english/
Contact for the Commercial Specialist in charge of the Railway
Sector:
Jihan Labib, Jihan.Labib@mail.doc.gov