Egypt has I fell Four agreements worth €690 million (39.48 billion pounds) will modernize two major rail freight corridors linking industrial zones, dry ports and seaports, according to an announcement by French railway company Alstom on Friday, June 19.
agreements, I fell The Egyptian National Railways Authority (ENR) and a consortium led by Alstom, in cooperation with the Egyptian companies Pioneer Modern Engineering and Concrete Plus, will modernize the 6th of October City – Alexandria axis and the Belbeis – 10th of Ramadan railway line.
According to Alstom, the projects aim to improve shipping traffic, enhance national logistics services, and enhance connectivity between industrial centers and major ports on the Mediterranean and Red Sea coasts.
The largest of the two projects value At a cost of 550 million euros (31.47 billion pounds), the railway corridor linking 6th of October City to Alexandria will be modernized with new digital signage systems, modernized communications infrastructure, enhanced energy systems, and track rehabilitation. The upgrades are expected to reduce travel time along the route by approximately 80 minutes.
second project, He deserves 140 million euros (8.01 billion Egyptian pounds) will be allocated to modernize the Belbeis-10th of Ramadan railway line, improving freight transportation to one of Egypt’s largest industrial zones.
Alstom said it would do so Supervision Engineering, design, installation, testing and operation of the new railway systems, while Egyptian companies will carry out civil works and modernize the tracks. It is expected that about 50 percent of the project will rely on local content.
In a statementMartin Fogor, Alstom’s President for Africa, Middle East and Central Asia, described “the contracts as among the most important railway modernization projects in Egypt,” adding that they “will contribute to building a more flexible and efficient railway network.”
The agreements form part of Egypt’s broader strategy to develop an integrated logistics network under Egypt Vision 2030 by expanding railway infrastructure and improving communications between industrial zones, dry ports and sea ports.