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

Updated 9/30/2024 11:32:00 AM
Elsewedy Electric, MOVYON to install smart transportation system on 7 roads

Arab Finance: 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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