Hyundai Rotem Co., a South Korean railway system and plant equipment maker, announced in a statement that it has received a 755.7 billion-won (US$560 million) order for subway train cars in Egypt.
Under the deal signed with Egypt’s National Authority for Tunnels (NAT), Hyundai Rotem will supply subway train cars for the No. 2 and No. 3 subway lines in Cairo by 2028, the company said in a statement.
Hyundai Rotem is an affiliate of Hyundai Motor Group, which has Hyundai Motor Co. and Kia Corp. under its wing.