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
Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five...
16 of Nigeria’s 36 banks have met new capital requirements by Nov. 2025 Recapitalization aims to boost sector strength before March 2026...
Yvon Sana Bangui elected president of the Association of African Central Banks One-year term includes steering governors’ meetings and advancing...
Access Holdings to seek shareholder approval for ₦40B private placement on Dec 18 Deal aims to boost capital base amid new CBN recapitalization rules...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
05

Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing...

Senegal, West African Development Bank Create Fund to Monetize Public Assets
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.