Egypt signed a $4.45-billion contract Wednesday with a consortium including Siemens to construct a high-speed electric rail line between the Red Sea and the Mediterranean, state television said. The railway will run 660 kilometres (410 miles) between Marsa Matrouh on northern Egypt's Mediterranean coast to the Red Sea port of Ain Sokhna in the east. State television said the deal covers the design, implementation and "maintenance for 15 years of the (Egypt's) first fast electric train network... worth $4.45 billion". The project will be carried out by the transport ministry and a consortium of Egyptian and German companies, led by Arab Contractors, Orascom and Siemen
Hence then, the article about egypt signs med red sea high speed rail link deal was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Egypt signs Med-Red Sea high-speed rail link deal )