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Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System - Foreign Affairs - Nairaland

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Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by confluence: 5:40pm On May 29, 2022
The German company said it has sealed the biggest order in its history to build the world's sixth-largest rail network. Tracks will connect cities along the Nile with the Red and Mediterranean seas.

The German industrial group Siemens said on Saturday evening that it had agreed on a deal to construct 2,000 kilometers (1,243 miles) of high-speed rail lines across Egypt.
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The deal, which is worth €8.1 billion ($8.7 billion), is the biggest order in the Munich-based company's 175-year history.

The contract includes, besides the rail lines, 41 high-speed trains, 94 regional trains, 41 freight trains, and eight depots and freight stations. It also stipulates that Siemens will be responsible for maintenance for 15 years.

The mega-project aims to connect 60 cities by train, at speeds of up to 230 kilometers per hour, providing rail access to around 90% of the population, according to Siemens.Company promises 40,000 jobs
The second stretch of track, a total of 1,100 kilometers, will connect the capital Cairo with the southern city of Abu Simbel, close to the border with Sudan, and pass through settlements along the Nile.

The third will run from the central city of Luxor to the coastal city of Hurghada, covering some 225 kilometers, aiding in the transport of goods from the Mediterranean to the key port of Safaga.

Siemens said that the project will create some 40,000 jobs in Egypt, as well as an extra 6,700 jobs in connected industries.

The company also claimed that the fully electrified network would lower CO2 output by around 70% in comparison to journeys made by bus or car.

https://www.dw.com/en/egypt-signs-8-billion-deal-with-siemens-for-high-speed-rail-system/a-61967258

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Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by Golan007: 5:43pm On May 29, 2022
Nice.

Very good.
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by confluence: 5:47pm On May 29, 2022
See the rubbish Ameachi is building across Nigeria with Chinese loans.
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by Dude397(m): 5:47pm On May 29, 2022
Nice one. Our security needs to be fixed first before talking about quality of trains and raillines. Not with bandits going haywire.
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by Dude397(m): 5:59pm On May 29, 2022
confluence:
See the rubbish Ameachi is building across Nigeria with Chinese loans.
Good evening sir and Happy Sunday. Can u please help me out with any amount to get foodstuffs to sustain me at least this week? The hunger is terrific. God bless you.
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by HarunaWest(m): 6:27pm On May 29, 2022
confluence:
See the rubbish Ameachi is building across Nigeria with Chinese loans.
How much is our own rail contract mtscheeeew. You people keep comparing without realizing that Nigeria is a poor country.
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by gaby(m): 6:39pm On May 29, 2022
That money siddon dey breath for a few unarmed robbers pockets and accounts in Nigeria while the cursed souls suffering from Stockholm syndrome go on a rampage canvassing and lauding these evil ones to keep stealing and feleting their futures over a few thousand Naira.

To them, Atiku, Tinubu, Wike, Amaechi et Al are God-sent and deserving to lead them.

What a pity...
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by baralatie(m): 7:38pm On May 29, 2022
See contracts
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by confluence: 7:48pm On May 29, 2022
Can we ever get anything right in this country
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by drmuchin: 7:55pm On May 29, 2022
Nigeria is LEFT BEHIND
THERE WAS A COUNTRY
Re: Egypt Signs €8 Billion Deal With Siemens For High-speed Rail System by confluence: 8:16pm On May 29, 2022
Visited my younger brother in Dublin during the beginning of the Coronavirus, despite the fact that there was locked down and we had movement highly restricted, the few times we went out , in my heart I weep for my country.
drmuchin:
Nigeria is LEFT BEHIND
THERE WAS A COUNTRY

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