MIDDLE EAST
“ Our evolving portfolio of digital grid solutions provides new tools for our customers to run their systems more optimally , while at the same time improving their carbon footprint ” emissions , Predix software is also incorporated , providing significant data analysis . The company also acquired cloud-based software ShipXpress in 2016 to support the company ’ s supply chain operations and services , improving shipping visibility within the rail supply chain .
A Letter of Intent with the Ministry of Transportation ( MoT ) and Egyptian National Railways in the Middle East has also recently been signed by GE . The company will supply 100 GE ES30ACi Light Evolution Series Locomotives , which will be used for passengers and freight , as well as a 15-year agreement for technical support . Totalling $ 575mn , the agreement has become the largest between the two parties , signifying GE ’ s dominance within the market . The figure also encompasses technical training aimed at improving the skills of local engineers and workers .
Medhat Shousha , Chairman of Egyptian National Railways ,
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