Germany’s Siemens Mobility, a subsidiary of the Siemens conglomerate, has signed a contract with the Egyptian government to build a 2,000-kilometer high-speed rail network. On the evening of Saturday, May 28, she announced that she would deliver 41 high-speed trains, 94 regional trains and 41 freight locomotives to this country, DW reports.
The contract also provides for the construction of eight railway stations and their maintenance for 15 years.
“Thanks to our latest technologies developed for rolling stock, signaling and maintenance, Egypt will have the sixth largest and most advanced high-speed rail network in the world,” said Roland Busch, CEO of Siemens AG, at the contract signing ceremony.
Siemens Mobility is working on this mega project with Egyptian construction companies Orascom Construction and The Arab Contractors. The Siemens subsidiary’s stake in the project is 8.1 billion euros, which includes an initial contract of 2.7 billion euros for the first line, signed in 2021.
A modern network of high-speed railways with a length of about 2,000 kilometers will connect 60 cities of the country. Trains will be able to move along this line at speeds up to 230 kilometers per hour. According to Siemens Mobility, approximately 90 percent of the Egyptian population will be able to use the new rail network. The new rail network will be fully electrified, reducing CO2 emissions by up to 70 percent compared to existing bus or road transport, the company said.
Recall that earlier a modern traffic control system was launched on the only Kyiv-Borispol highway in the country. Information boards display a variety of information about road and weather conditions.