Hyundai Rotem wins 755.7 bln-won train car order in Egypt

▲ This file photo provided by Hyundai Rotem shows a subway train built by the South Korean company. (PHOTO NOT FOR SALE) (Yonhap)

Hyundai Rotem-Egypt order

Hyundai Rotem wins 755.7 bln-won train car order in Egypt

SEOUL, Aug. 25 (Yonhap) -- 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.

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