Public Management

Egypt teams up with China on electric buses construction project, starting November 2020

Egypt teams up with China on electric buses construction project, starting November 2020
Wednesday, 26 February 2020 13:37

Egypt will start manufacturing electric buses in its military production plants by November this year. According to the Minister of Military Production, Mohamed al-Assar, the project is a collaboration between the Egyptian International Marathon United Technologies and the Chinese Foton Motor.

A total of 2,000 vehicles will be produced over 4 years, at a rate of 500 a year. The official said his ministry has set up a company for battery charging stations.
In December 2019, Le Caire launched a test run for the governorate's first electric public transport bus at a ceremony in Abdeen Square in the downtown. Called “City Bus,” the bus is air-conditioned and adapted for the elderly and people with reduced mobility. It is designed to travel 200 km on a 30-minute charge.

Let’s note that an agreement was also concluded in September 2019 between the national agency for military production and the Chinese group Zhejiang Geely Holding for the manufacture of electric cars.

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
03

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
04

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.