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Sunday, 26 February 2023

NGE on board to lay Sokhna-Alex high-speed rail link

France’s NGE to build Sokhna-Alexandria section of high-speed rail: French construction firm NGE and its subsidiary TSO have signed a contract to construct half of the first phase of Egypt’s high-speed rail line, the company said in a statement Thursday. TSO will be responsible for laying the track for a 330-km section linking Ain Sokhna to Borg El Arab via Sixth of October, it said.

ICYMI- Siemens Mobility, Orascom Construction and Arab Contractors have signed contracts with the government to build a 2k-km national high-speed rail line. A 660-km first phase will link Ain Sokhna to Marsa Matrouh, while additional lines will join Cairo to Abu Simbel and Luxor and Hurghada. Deutsche Bahn and El Sewedy Electric are on board to manage and operate the first line under a EUR 1 bn+ contract signed last year.

The company didn’t disclose the value of the contract in the statement, saying only it was awarded by Orascom Construction and Arab Contractors. The Siemens-OC-Arab Contractors consortium signed a USD 4.5 bn contract for the first phase in 2021

Work to start imminently: TSO will begin construction work in “early 2023,” according to the statement.

About the project: This will be the sixth-longest rail network in the world. The project will connect 60 cities nationwide, with trains running at up to 230 km/h. “

The news got attention overseas: Reuters | Euronews.

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