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Monday, 26 August 2019

Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway

The Transport Ministry is negotiating with an unnamed Kuwaiti investor to contribute to the financing of a 700 km railway between Abu Tartour and Safaga, according to Al Mal. A German consultancy firm is separately evaluating four offers from Orascom, Swedish Electric, Samcrete, and Qalaa to construct the railway.

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