• (237) 242 003 106
  • welcome@cavie.org
  • FrançaisFrançais
  • EnglishEnglish
    • About
      • History
      • Mission
      • Our Partners
    • Organization
      • Honorary Members
      • Founders
      • Representatives per country
      • Commissions
    • Our Expertise
      • Monitoring
      • Creation of the Monitoring and Economic Intelligence Unit
      • Customised training
      • Due diligence
      • The search for local partnerships
    • Publications
      • Photo Gallery
      • Video gallery
      • African Repository for Business and Competitive Intelligence
    • Join Us
      • Become a Member
      • Become a volunteer
      • Become a Donor
      • Become a certified expert
    • News
      • CAVIE Members News
      • Press
    • About
      • History
      • Mission
      • Our Partners
    • Organization
      • Honorary Members
      • Founders
      • Representatives per country
      • Commissions
    • Our Expertise
      • Monitoring
      • Creation of the Monitoring and Economic Intelligence Unit
      • Customised training
      • Due diligence
      • The search for local partnerships
    • Publications
      • Photo Gallery
      • Video gallery
      • African Repository for Business and Competitive Intelligence
    • Join Us
      • Become a Member
      • Become a volunteer
      • Become a Donor
      • Become a certified expert
    • News
      • CAVIE Members News
      • Press

    Egypt to build high-speed rail link

    • Public Works
    • 27 February 2023

    [ACCI-CAVIE] French company NGE announced Thursday 23rd February 2023 it had been awarded a contract to build Egypt’s first high-speed rail link, a 330-kilometre section connecting the Mediterranean and Red Sea coasts. The link will form the first section of a 660-kilometre (410 mile) line that will extend west along the Mediterranean coast to Marsa Matrouh towards the Libyan border.

    NGE said it would take 19 months to complete construction of the section between Ain Sokhna on the Red Sea coast and Borg El Arab near the Mediterranean city of Alexandria via the New Administrative Capital, just east of Cairo.

    Egypt’s population of more than 104 million people relies heavily on the railways for intercity transport but the existing network has been plagued by sometimes deadly accidents blamed on ageing infrastructure. In September 2021, Egypt signed a $4.45-billion contract with a consortium of Egyptian and German companies, led by Arab Contractors, Orascom and Siemens, to design, implement and maintain the line between Ain Sokhna and Marsa Matrouh. It is one of a number of marquee construction projects announced by President Abdel Fattah al-Sisi since he took office in 2014.

    NGE is already, in cooperation with other companies, working on expanding and refurbishing the metro in Cairo, a megacity of more than 20 million people. Sisi has also championed plans for the much-delayed New Administrative Capital, a project designed to relieve Cairo’s chronic congestion. In 2019, Canadian manufacturing group Bombardier announced it had signed a multi-billion-dollar agreement to build two automated monorail lines linking Greater Cairo with the NAC.

    By AFP and LB

    Share

    Newsletter

    Shortcodes Ultimate

    Texte du bouton

    Category

    • Aeronautics(36)
    • Automobile(35)
    • Banking(34)
    • CAVIE Members News(35)
    • Defense(43)
    • Education(34)
    • Energy(41)
    • Food and Agriculture(47)
    • Insurance(31)
    • News(31)
    • Non classé(19)
    • Pharmaceutical Industry(43)
    • Press(173)
    • Public Works(32)
    • Raw Materials(34)
    • Sectors(0)
    • Telecommunications(39)

    recent post

    BNP Paribas Fortis : Decrypting African Economies in 2023 – Guest Speaker : Guy GWETH
    15 May 2023
    Morocco’s international promise : The time for reward has come, By Dr Ghizlane SALAM
    13 March 2023
    Huawei to Invest Over $300 Million in Africa’s Data Center & Cybersecurity Industry
    10 March 2023
    Airtel Africa, UNICEF commit $57m to digital education
    10 March 2023

    Direct Links

    • A center for 54 States
    • 12 Sectors under surveillance
    • Become a certified expert
    • Become a Member
    • Become a Donor

    Gallery

    VIMAIII
    JAIE2019 (8)
    JAIE2019 (7)
    JAIE2019 (6)
    JAIE2019 (5)
    JAIE2019 (4)
    SIEGE CAVIE
    B.P : 35605 Yaoundé Cameroun
    SIEGE CAVIE UE
    Rond-point Schuman 2-4, Étage 6, 1040 Bruxelles
    (237) 242 003 106
    (237) 243 744 462
    +32(0)2 403 36 56
    welcome[a]cavie.org
    contact[a]cavie.org
    cavie.europe[a]cavie.org
    COPYRIGHT © 2018. | PRIVACY POLICY | ALL RIGHTS RESERVED