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Taiwan high speed rail. (Shutterstock/ File Photo)
September 6th, 2020 - 09:45 GMT

Egypt to Build First High-speed Rail at a $9 Billion

An Egyptian-Chinese consortium between Samcrete and the Arab Organization for Industrialization has won the bid to construct a high-speed rail project between Ain Sokhna/Administrative Capital/al-Alamein covering 543 kilometers and speeds of 250 kilometers at a cost of nine billion dollars, senior sources announced Friday. The railway will also pass through the cities of Sixth of October, Burj al-Arab and Alexandria. The sources said that the supreme committee supervising the project ...
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