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Sunday, 14 April 2019

Egypt considering two China-heavy consortiums for USD 8.5 bn Alamein-Sokhna electric rail

Two consortiums of predominantly Chinese companies have submitted their technical and financial offers to construct the USD 8.5 bn Alamein-Ain Sokhna electric railway, a government official tells Al Shorouk. The first consortium is comprised of China Civil Engineering Construction Corporation (CCECC), China Railway Construction Corporation Limited (CRCC), local construction firm Samcrete, and the Arab Organization for Industrialization. The second includes China Railway Engineering Corporation (CREC), the China State Construction Engineering, Germany’s Siemens, the French state-owned railway company SNCF, Arab Contractors, and Orascom. The Transport Ministry is expected to announce the winning bid next month. Six other consortiums were bidding for the tender but withdrew.

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