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.