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Egyptian Cabinet Information Center on Friday denied reports that the railways sector will be privatized.

Egypt's cabinet denies reports that railways sector will be privatized
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Fri, September 14, 2018 13:18

CAIRO, Sept 14, 2018 (MENA) - Egyptian Cabinet Information Center on Friday denied reports that the railways sector will be privatized.

In a report, the center indicated that it contacted the Ministry of Transport which denied the reports asserting that the service will not be privatized and that it is owned by the State and will remain so.

The private sector's role in this regard is only restricted to contributing to the development and upgrading process of the service, added the ministry.

All reports on this score are groundless, the ministry confirmed.

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