The agreements include a contract for the maintenance of 23 trains on Line 1, in addition to two contracts covering the modernization, rehabilitation, and maintenance of 39 trains on Line 2.
He added that these reforms, especially the significant upgrades to infrastructure, have strengthened the business environment and boosted flows of foreign direct investment across sectors.
She noted that this program marks a global first for the Spanish Agency for International Development Cooperation (AECID), establishing collaboration with Egypt based on the two countries’ strategic priorities.
This announcement followed high-level discussions between the two leaders at the Spanish government headquarters in Madrid.
While Egypt’s exports to Spain declined slightly to $1.5 billion in 2024, down from $1.6 billion in 2023, imports from Spain increased to $1.6 billion, compared to $1.5 billion in the previous year.
