Passengers wait for their train near a damaged train carriage after a bomb exploded at Ramsis railway station in downtown Cairo November 20, 2014. (File photo: Reuters) Passengers wait for their train near a damaged train carriage after a bomb exploded at Ramsis railway station in downtown Cairo November 20, 2014. (File photo: Reuters)

Govt denies intention to privatize railway sector

By: MENA
Tue, Mar. 26, 2019
CAIRO - 26 March 2019: The Egyptian government has denied news that it intends to privatize the railway sector following the Cairo train crash last month.

The Cabinet media center, in a statement Tuesday, said it contacted the Transport Ministry, which dismissed as baseless reports to that effect, stressing that the railway sector is state-owned.

The private sector only contributes to upgrading railway facilities, stations, crossings and lines, the Ministry made it clear.

It is also allowed to invest in railway assets, such as lands and facilities, with the aim to secure revenues for the Railway Authority, the Ministry said.

The Transport Ministry stressed it is acting to improve services offered to citizens and upgrade the efficiency of the railway sector, which serves some 350 million passengers annually.

It urged all media outlets to be accurate when covering news so as not to stir up confusion among commuters.
 
There are no comments on this article.

Leave a comment