• Siemens and Egypt’s General Authority for Industrial Development signed a Memorandum of Understanding (MoU) in Cairo to localise the production of low- and medium-voltage products, while Orascom Construction, in a consortium with Siemens Mobility and Arab Contractors, signed a USD 4.5 billion contract with the National Authority for Tunnels to design, build, and maintain Egypt’s first high-speed rail system. Both agreements, signed in different phases since 2021, aim to modernise Egypt’s railway-based supply chain and expand freight transport capacity.

    #Egyptrailfreight #SiemensMobility #OrascomConstruction #highspeedrail #GeneralAuthorityforIndustrialDevelopment #logisticshubs #Egypt2030strategy #Railways
    Siemens and Egypt’s General Authority for Industrial Development signed a Memorandum of Understanding (MoU) in Cairo to localise the production of low- and medium-voltage products, while Orascom Construction, in a consortium with Siemens Mobility and Arab Contractors, signed a USD 4.5 billion contract with the National Authority for Tunnels to design, build, and maintain Egypt’s first high-speed rail system. Both agreements, signed in different phases since 2021, aim to modernise Egypt’s railway-based supply chain and expand freight transport capacity. #Egyptrailfreight #SiemensMobility #OrascomConstruction #highspeedrail #GeneralAuthorityforIndustrialDevelopment #logisticshubs #Egypt2030strategy #Railways
    WWW.LOGUPDATEAFRICA.COM
    Egypt advances rail freight development with Siemens & Orascom projects
    When completed, the high-speed rail network will extend 2,000 km, making it the world’s sixth-largest system.
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