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About National Egyptian Railway Industries Company (NERIC)

A private joint-venture company formed by a group of Egyptian companies in partnership with Governmental entities.

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The main objective of the company is to establish a rolling stock plant in a prospective area of tentatively 300,000 m2 located in East Port Said Industrial which is part of the Suez Canal Economic Zone.

NERIC plant will be a major milestone in Egypt’s strategic industrialization plan specially in the rolling stock sector to achieve the goals set forth in Vision 2030. A great number of new railway infrastructure projects are currently in the study, design or execution phase, which demonstrates the increasing role that the railway sector will play in the coming years.

NERIC seeks the development of the rolling stock manufacturing value chain locally through deepening the localization of certain components with the support from the international technology providers.
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Factory Planned Capacity
Phase
1
Metro Production Line
100 units per year
Phase
2
Rehabilitation Plant
125 units per year
Phase
3
Long Distance/High Speed Trains
150 units per year
The Egyptian Sovereign Fund and the Suez Canal Economic Zone Authority in partnership with Samcrete Investments, Orascom Construction, Hassan Allam Holding, Connect Professional Services and East Port Said Development Company.
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Shareholders
NERIC is a joint establishment between the Egyptian government and the private sector.
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Localization
One of the key strategic objectives behind the establishment of NERIC is the development of a capable local supply base.
This would be mainly attained through leveraging on the existing potential local industrial capabilities in Egypt. Either, within the well-established public & government organizations, or within the private sector SME’s or by inviting international players to establish their extended facilities in Egypt.
The overall projected demand of the local Egyptian Market for both the Rehabilitation and Manufacturing facilities will be over 3000 coaches over the upcoming 10 years.

An Integrated Industrial Park facility will be available close to NERIC’s Manufacturing and Rehabilitation Facilities in the East Port Said Area, enabling for further support within logistics, training, facility management among many other disciplines.

Supplier development training programs, tailored to meet the specific needs of the local supply base; Either within generic business disciplines such as:
  • Business Development and Entrepreneurship.
  • Project Management.
  • Quality Management Systems.
  • Industrial Environmental, Health & Safety aspects.
  • Operations Management & Industrial Engineering.
Or within “Rolling Stock” industry specific standards, specifications and norms.

NERIC’s localization program will follow a phased approach towards achieving an ambitious long-term objective of 50% local content within the forthcoming 10 years.
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Latest News
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Suppliers
Local suppliers interested and willing to be an integral part of NERIC’s success story and potential contributions to the national, social, economic and financial future development driving the vision behind its establishment; are encouraged to register online using the available e-form.
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Contact Details
Head Office
ICONIA Zamalek
16 Mohamed Thakeb St. Zamalek, Cairo, Egypt

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