Egypt’s Ministry of Transport is set to sign a contract with global technology giant Siemens for the implementation of the second high-speed train line in the country.
The new line, running 925 km long, will extend from 6th of October city to Aswan covering 28 stations (9 express and 19 regional) along the route. Its stations will be located in the areas of intersection with the upper axes connecting the east and west of the Nile.
The ministry has reached advanced stages of negotiations with the German company in parallel with the completion of the route, and detailed studies of the project.
The implementation of the project is set to start soon to serve passengers and goods, where Egyptian contracting companies will carry out civil and construction works, while Siemens will implement signaling and communication systems and supply trains.
Additionally, the cost of this project will be financed through a soft foreign government loan and the state’s general budget.