Egypt and South Korea advance hydrogen tram cooperation
Egypt and South Korea elevate bilateral ties as they explore hydrogen-powered trams and deepen cooperation in technology, investment and infrastructure
CAIRO, Egypt (MNTV) — Egypt and South Korea have elevated their relationship to a strategic partnership while advancing cooperation on technology, infrastructure, energy and a proposed hydrogen-powered tram project.
Egyptian Streets reported that Egyptian President Abdel Fattah El-Sisi and South Korean President Lee Jae Myung discussed expanding economic and technological cooperation during El-Sisi’s state visit to Seoul.
The two countries signed 12 memoranda of understanding and agreements and agreed to begin negotiations toward a Comprehensive Economic Partnership Agreement. Their discussions covered trade, investment, artificial intelligence, energy, infrastructure and shipbuilding.
One of the most prominent projects involves Egypt’s National Authority for Tunnels and South Korean company Hyundai Rotem, which signed a memorandum of understanding to examine a potential project involving 44 hydrogen-powered tram trainsets for Egypt’s New Administrative Capital.
The proposed project remains subject to feasibility studies and would involve potential cooperation in construction, railway systems, operations and maintenance.
The two countries also agreed to designate 2027 as the Year of Cultural Exchanges, with plans involving education, scholarships, youth exchanges and Korean-language programs in Egypt.
El-Sisi also encouraged Korean companies to increase investment in Egypt, particularly in manufacturing and advanced industries, while renewing Cairo’s proposal for a Korean industrial zone in the Suez Canal Economic Zone.
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