The Minister of International Cooperation Sahar Nasr met with the Canadian ambassador to Egypt Troy Lulashynk to discuss the cooperation between both countries, including future plans and projects, and to follow up on latest developments. Nasr also met executive chairperson of Bombardier Inc. Pierre Beaudoin, and other officials from the company.
The projects between Egypt and Canada are well-aligned with the priorities of the Egyptian government, and its plans and programmes for social development, Nasr said.
Beaudoin discussed Bombardier’s investments in Egypt in the transportation sector, including the methods to fund the hanging monorail train project, which links 6th of October City and Giza.
He stated that the projects execution and implementation are easy, and that it will run on environmentally friendly energy. It will also help in creating attractive investment and real estate development zones, Beaudoin said.
The new line is 35km long, and includes 10 stations with a daily capacity of 270,000 passengers, and a trip time of 38 minutes, he said.
Nasr discussed the different methods of funding and their compatibility, while maintaining high international standards at the lowest cost.
Nasr also confirmed that Egypt is keen on increasing the partnership with Canada through allowing the latter to support a number of small and medium-sized projects, which are meant to increase job opportunities for youth, women, and the underprivileged.
She additionally mentioned updating the vocational and technical training programmes, and increasing the capacity of Egyptian institutions. This comes as part of Egypt’s framework of recruitment and its attempts of eliminating unemployment, she said.