Rail News
DATE
September 21 , 2021
Egypt is building a $4.5 billion high-speed rail line
CNN
17 September 2021 (Egypt)
German company Siemens Mobility has signed a $4.5 billion contract with Egypt's National Authority for Tunnels to deliver the country's first high-speed and electrified train line (pictured in a rendering). The first 660-kilometer line will connect Cairo to new cities. See more Egyptian mega projects being built for the country's growing population.
Passengers and cargo will soon be able to shoot through the Egyptian desert aboard a high-speed train, in a first for the country.
The high-speed and electrified main rail line will connect Cairo to the New Administrative Capital and surrounding new cities.
German company Siemens Mobility signed a contract with Egypt's National Authority for Tunnels (NAT) earlier this month to build the initial 660 kilometers out of the planned 1,800-kilometer network, creating "a Suez Canal type of link on the tracks."
The first line will link the port cities of Ain Sokhna on the Red Sea to Marsa Matrouh and Alexandria on the Mediterranean. According to the company, the first section of this line will be operational in 2023.
Siemens, which is partnering on the project with Orascom Construction S.A.E. and The Arab Contractors, says the total contract is worth around $4.5 billion, of which its share is approximately $3 billion.
Source
https://edition.cnn.com/travel/article/egypt-high-speed-train-spc-intl/index.html
https://edition.cnn.com/travel/article/egypt-high-speed-train-spc-intl/index.html
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