The deal stipulates that the company will manufacture and support 100 new tractors to the Egyptian side.
The minister of transport said the establishment of a dry port with an attached logistics center aims to facilitate the movement of trade and services in the industrial areas in 10th of Ramadan, Badr, Ain Sokhna and East Port Said.
Wazir said that several projects that were not listed on the agenda of the government were implemented during the past period due to the pressing need for them.
Hyundai Rotem had previously supplied the authority with 20 trains.
This comes about a month after a horrible blaze took place in Cairo's Ramses Railway Station, killing 20 people according to official reports.
Minister of Transport and Minister of State for Military Production discussed rates of implementing the projects.
Kamel el Wazir took on Monday the constitutional oath before President Abdel Fatah al-Sisi as the country's new transport minister.
President Abdel Fatah al-Sisi promoted on Sunday Chairman of the Armed Forces Engineering Authority Kamel Al-Wazir to Lieutenant General from Major General during the celebration held in the occasion of ‘Martyr Day’ marking March 9.
President Sisi issued a series of instructions and commands to the government and governors to be implemented within a fixed period.
President Abdel Fatah al-Sisi inspected several ongoing projects in the new Administrative Capital City early Friday
The Armed forces Engineering Authority contracted four national companies to implement the tunnels project.