Railway · Egypt

What is the contract value of Egypt's High-speed rail?

High-speed rail in Egypt is the planned 2,000 km network of three electrified lines for trains of up to 230 km/h, awarded to a consortium of Siemens Mobility, Orascom Construction and The Arab Contractors by the National Authority for Tunnels: a 660 km Suez Canal on Rails line from Ain Sokhna to Marsa Matrouh and Alexandria, a 1,100 km line from Cairo to Abu Simbel and a 225 km line from Luxor to Hurghada. Railway Gazette reported on 31 May 2022 that the total value of the contract amounts to 8.1 billion euros.

Contract value

€8.1 billion

Approximately $8.53 billion

Cost basis: 2022

Ain Sokhna Railway Station, part of the First Line of Egypt's High-Speed Electric Rail Network
Abdelrhman 1990CC BY-SA 4.0

Cost evidence

Basis of the published figure

Contract value2022
assets.new.siemens.com

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