Egypt, High-speed electric train project to be inaugurated in 2024: Ministry of Transport
Egypt, According to Minister of Transport Kamel Al-Wazir, Egypt is preparing to launch the sixth high-speed electric train project globally by the end of 2024.
4 questions to consider before buying a home
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Simple steps to buy a home successfully
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Consider your finance options, and then choose the best one available
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Make an offer with some wiggle room for negotiation
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Which other tips do you recommend when buying a home?
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According to Minister of Transport Kamel Al-Wazir, Egypt is preparing to launch the sixth high-speed electric train project globally by the end of 2024.
He said the ministry aims to support local companies to produce all the train components locally and eventually export them to other countries. He added that the church has three main criteria for choosing the suppliers of the train units: they must accept payment in Egyptian pounds, offer the lowest price, and provide the best technical quality.
The project, worth about $11 billion, is a joint venture between Siemens Mobility, Orascom Construction, and The Arab Contractors. It will consist of three lines covering a total of 1,975 km. The first line will connect Ain Sokhna on the Gulf of Suez with El-Alamein and Marsa Matrouh on the Mediterranean coast, spanning 660 km. The second line will link Greater Cairo with Abu Simbel near the southern border, passing through Luxor and Aswan, with a length of 1,100 km. The third line will run 215 km between Luxor, Safaga, and Hurghada on the Red Sea.
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