The National Authority for Tunnels has signed a conditions document with Deutsche Bahn and El Sewedy Electric for the management and operation of the rapid electric train network in Egypt.
Deutsche Bahn along with El Sewedy Electric will form a company named Deutsche Ban Egypt that will manage and operate the 2,000 km high-speed rail network which consists of three lines:
The final contract will include managing and operating the network for a period of 15 years, renewable for another 15 years, with a total contract period of 30 years.
The Ministry for Transport in Egypt has announced that the operation of the first phase of the 10th of Ramadan Light Rail Transit (LRT) line has started in Cairo and its neighboring cities.
Read moreThe National Authority for Tunnels (NAT) of Egypt has signed a contract worth USD4.5 billion for the development of a high-speed rail system.
Read moreThe Minister of Transport of Egypt has announced that three Egyptian and foreign consortiums have prequalified for the implementation of first dry port in Egypt at Six of October City.
Read moreOrascom and FCC have signed an engineering, procurement and construction (EPC) contract for Egypt's Abu Rawash wastewater treatment plant, despite the fact that it was originally tendered as a PPP.
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