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Hyundai Rotem wins W755.7b train car order in Egypt

Aug. 25, 2022 - 09:59 By Yonhap
This file photo provided by Hyundai Rotem shows a subway train built by the South Korean company. (Hyundai Rotem)

Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Thursday 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. (Yonhap)