Hungary and Egypt to continue cooperation in transport and military industry

Hungary and Egypt will continue their transport cooperation and explore the expansion of military-industrial cooperation, László Palkovics, Minister of Technology and Industry, said after talks in Cairo on Monday.

Palkovics and Kamel al-Wazir, Egypt’s transport minister, agreed on the growing importance of railways and electrified rail infrastructure powered by solar panels, as well as the potential involvement of Hungarian companies in related projects. Hungary could also deliver electric buses to Egypt, he added.

Hungary is involved in the delivery of 1,300 railway wagons to Egypt, and other opportunities may arise for Hungary in the North African country, Palkovics told MTI by telephone.

Palkovics noted that tourism was a key source of income for Egypt, adding that both countries had an interest in Wizz Air launching new flights to Egypt, and he asked his Egyptian partner to eliminate the administrative and financial obstacles to the expansion of the Hungarian low-cost airline.

The Minister also highlighted new areas of bilateral military-industrial cooperation. Hungary and Egypt will soon continue to discuss these opportunities, as the Egyptian minister in charge of military production is due to visit Hungary in the coming months, Palkovics said.

Besides the transport minister, Palkovics met with Mohamed Ahmed Morsi, minister in charge of military production, Mohamed Manar Anba, minister of civil aviation, and Abdelmonem Eltarras, president of the Arab Organization for Industrialization.

Egyptian President Abdel Fattah el-Sissi visited Hungary in 2021 and held talks with Prime Minister Orbán.

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Source: MTI

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