Siemens Mobility, Orascom Construction and The Arab Contractors signed a contract with the Egyptian National Authority for Tunnels (NAT), a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, to create the sixth largest high-speed rail system in the world.
The Siemens Mobility share of the combined contract is 8.1 billion EUR including its initial contract of 2.7 billion euors for the first line signed September of last year. Orascom Construction’s share in the second phase is $1.2 billion, which brings Orascom Construction’s total share of all three lines to $1.8 billion.
Orascom Construction, The Arab Contractors and Siemens Mobility will provide their comprehensive turnkey services to design, install, commission, and maintain the entire system for 15 years.
The 2,000-kilometer high-speed rail network will connect 60 cities throughout the country, with trains that can operate at up to 230 km/h. The fully electrified network will cut carbon emissions by 70 percent compared to current car or bus transport in Egypt.
The total network will consist of three lines. The first line, already signed in September 2021, will cover 660 km,
connecting Ain Sokhna on the Red Sea to Alamein City and Marsa Matrouh on the Mediterranean.
The second line will stretch across 1,110 km and run between Greater Cairo and Abu Simbel near the southern border, passing through Luxor and Aswan. The third line will cover about 215 km through Luxor, Safaga and Hurghada by the Red Sea.
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