'Suez Canal on rails' - Egypt signs $4.5b high-speed rail deal

[DavidB-AU]

Egypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red Sea and Mediterranean coasts that contractor Siemens dubbed a "Suez Canal on rails".

 

The 660-km (410 miles) link will include a main line designed to carry more than 30 million passengers annually as well as a freight line, and will run between the Red Sea port of Ain Sokhna and the Mediterranean ports of Alexandria and Marsa Matrouh.

 

https://www.reuters.com/world/middle-east/egypt-signs-445-bln-contract-high-speed-rail-link-2021-09-01/