Egypt: Elsewedy Electric, MOVYON to install smart transportation system on 7 roads

The project, expected to cost up to EGP 8 billion, is scheduled for completion by mid-2026

Staff Writer, Arab Finance

September 30, 2024

PHOTO

The Ministry of Transport has reached an agreement with Elsewedy Electric and MOVYON SPA Italy to implement a smart transportation system on seven main road routes, Al Mal News reported, citing unnamed sources familiar with the matter.

The project, expected to cost up to EGP 8 billion, is scheduled for completion by mid-2026.

This initiative aims to enhance traffic management and improve transportation efficiency across the targeted routes.

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