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Egypt to build $4.34bn ‘Suez Canal on rails’

Egypt’s National Authority for Tunnels (NAT) has signed a $4.34bn, 15-year contract with a consortium including Siemens Mobility, Orascom Construction and Arab Contractors for the design, installation and maintenance of a high-speed electric rail network linking the Red Sea and Mediterranean coasts. Dubbed the Suez Canal on rails, the first stage of the rail network …

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Egypt’s National Authority for Tunnels (NAT) has signed a $4.34bn, 15-year contract with a consortium including Siemens Mobility, Orascom Construction and Arab Contractors for the design, installation and maintenance of a high-speed electric rail network linking the Red Sea and Mediterranean coasts. Dubbed the Suez Canal on rails, the first stage of the rail network …

[post_title] => Egypt to build $4.34bn ‘Suez Canal on rails’ [post_excerpt] => Egypt’s National Authority for Tunnels (NAT) has signed a $4.34bn, 15-year contract with a consortium including Siemens Mobility, Orascom Construction and Arab Contractors for the design, installation and maintenance of a high-speed electric rail... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => egypt-to-build-4-34bn-suez-canal-on-rails [to_ping] => [pinged] => [post_modified] => 2021-09-02 06:35:53 [post_modified_gmt] => 2021-09-02 06:35:53 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=150351 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )