Government To Invite Companies' Participation In Rail Project


News: The Egyptian government is to invite private sector entities to participate in a high-speed rail project in 2013 after feasibility studies end in the coming 6-12 months, reports Zawya, according to Transportation Minister Mohamed Rashad. The project is estimated to be more than EGP100bn (US$16.4bn) and its implementation is expected to start in H213 under several phases that will take 4-5 years to conclude. The rail line will connect the cities of Alexandria, Cairo, Aswan and Hurghada.

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Sector: Freight Transport
Geography: Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt, Egypt

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