Kamel El-Wazir assures MPs of financial readiness
Transport Minister Kamel El-Wazir stated that the ministry does not borrow for consumption but for growth. The first phase of the high-speed rail project has reached 72% completion, with more than 70% local content. He added that the second phase has reached 40% implementation, and the ministry's loan percentage is 5.8%. He emphasized the ministry's ability to repay debts and generate a dollar surplus for its projects and ports.
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