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.
This facility will be the first of its kind in the region and only the sixth worldwide. Spanning 500,000 square meters, the factory will feature a 180-meter-high cable manufacturing tower.
This round of land offerings introduces key changes designed to streamline the process and better serve investors.
Development financing directed to the private sector surpassed government development financing by 35% during Q1, underscoring the success of economic reforms aimed at empowering the private sector to drive growth, according to a cabinet statement.
The first phase of the city is expected to commence With the construction of a tire factory within a year.
