Egypt Signs $4.5BN Contract for Its First High-Speed Rail Line
CONFIRMED88% CONFIDENCEHappened as dated, per the source[1]: "The Siemens-led consortium was awarded a $4.5 billion contract to build the lines from Ain Sokhna to Marsa Matruh and to Alexandria in September 2021".
A Siemens-led consortium signed a $4.5 billion contract to build Egypt's first electrified high-speed rail line, aiming to replace one of the world's deadliest rail networks.
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