Siemens to establish an electric railway in Egypt
Siemens, the German conglomerate signed this week an MOU with the Egyptian Ministry of Transport to establish a high-speed electric railway in Egypt.
The first stage of the project will be ready in 2 years, it will be 460Kms long linking El-Ain El-Sokhna in Suez governorate, overseeing the Red Sea, with New Al-Alamein City on the Mediterranean coast. In this stage the train will pass through Egypt’s New Administrative Capital.
Representatives from Siemens met President AbdelFattah El-Sisi to discuss the project.The whole project will be 1000kms around Egypt with a total cost of 360billion Egyptian pounds.