ICEC

Egyptian Railways revenues grow 17 in 2017 – CAPMAS

Egypt’s National Railways Authority reported a 17 percent increase in revenues to record 1.8 billion Egyptian pounds in 2017 compared to 1.5 billion pounds in 2016, the country’s state-run statistics agency CAPMAS said Wednesday in its latest bulletin.

Revenues rose 18 percent to 168.7 million pounds during December, compared with 143 million pounds during the same month in 2016.

The number of railways passengers increased 26.3 percent, to record  313.6 million during 2017, against 231  million during in 2016, CAPMAS stated.

In December 2017, the number of passengers climbed 2.4 percent to stand at  20.4 million, from 20.9 million passengers during the same period a year earlier.

The quantity of goods transferred in the railways increased 6.6 percent to 4.9 tonnes in 2017 from 4.6 tonnes in 2016.

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