BYD bags mass transit order in Egypt

Electric vehicle maker BYD Co Ltd is planning to start trial runs of its SkyRail monorail mass transit solution in Egypt soon, making it the second overseas destination for the Chinese company after the Philippines.

Demand for mass transit systems has been increasing in both the countries - key markets in China's ambitious Belt and Road Initiative. BYD officials told China Daily that the company was confident of further cooperation with these countries in the future.

The transportation authority of Alexandria, Egypt's second largest city, signed a Memorandum of Understanding with BYD for the project on Oct 21. The MoU envisages a monorail project spanning 128 kilometers and plans to conduct feasibility studies. It also marks the first time that SkyRail is being showcased in the African continent.