Egypt signs USD 3 billion contract with Siemens Mobility for turnkey rail system

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Egypt signs USD 3 billion contract with Siemens Mobility for turnkey rail system

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Cairo, Egypt (Urban Transport News): On September 1, 2021, Siemens Mobility announced that the company has signed a contract with the National Authority for Tunnels (NAT) in the testimony of the Egyptian Prime Minister and Minister of Transport, as well as the German Ambassador to Egypt. Rail system which will have high-speed, electrified main and freight rail lines for the first time that will transform transport in the Arab Republic of Egypt.

Together with partners Orascom Construction SAE and The Arab Contractors, Siemens Mobility will provide its comprehensive turnkey services for system design, install, commissioning and maintenance for 15 years. The total contract value is approximately US$4.5 billion, with Siemens Mobility’s share of around US$3 billion. The vast majority of order intakes are expected to be booked in 2022 after the financial close. This is the first contract to be signed in January 2021 between NAT and Siemens Mobility, Orascom Construction and The Arab Contractors.

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The contract that has been signed today covers an initial distance of 660 km out of the 1,800 km rail network. Additionally, it was agreed to discuss and finalize agreements on two other high-speed railway lines and maintenance, including rail infrastructure and trains, in the coming months.

“This high-speed train will strengthen the infrastructure of those areas and help achieve urban sprawl, in addition to connecting the new administrative capital and new cities to the railway network for the transport of passengers and goods,” said His Excellency Lieutenant General Kamel L. Said – Vizier, Minister of Transport of Egypt.

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“The project will also help to promote tourism through fast, modern and safe means of transport characterized by the highest level of efficiency and safety to meet the needs and expectations of all Egyptians across the country, which has been recognized as a major factor in the region. Leap is supposed to be the rail carrier. For its part, Siemens will provide its latest smart technology solutions along with its continued support for local skill development,” he said.

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“We are proud to support the Egyptian government’s ambition to transform its transport sector by building its first high-speed electric rail network. This landmark project will create jobs for millions of people by creating a more efficient, safe and sustainable transport system , will spur economic growth and improve the quality of life of millions. As a longtime partner for Egypt, we are committed to providing the most advanced technology and supporting local skill development,” said Siemens AG Roland Bush, President and Chief Executive Officer.

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“We are honored and proud to be an Egyptian partner in building a state-of-the-art rail system that will transform daily travel for millions of Egyptians. Our world-class trains are a better one,” said Michael Peter, CEO of Siemens Mobility. passenger experience, and with our digital leadership in rail infrastructure, we will provide a safe, reliable and efficient transportation system.”

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In addition to benefiting passenger travel, the first fully electric mainline rail network in Egypt will create thousands of local jobs and open up huge possibilities for freight transport. “

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For this project, Siemens Mobility will deliver its Velaro high-speed train, Desiro high-capacity regional train set and Vectron freight locomotives. A safe and reliable signaling system based on the latest computer-based interlocking technology and European Train Control System (ETCS) level 2 will be installed, as well as a power supply system that provides efficient and sustained energy. In addition, Siemens will provide and integrate the latest communication, safety and security systems that will create a pleasant passenger experience. The trains as well as all the subsystems are based on the most modern and proven products and platforms. Siemens Mobility’s consortium partners will install the tracks, while customers will build the bridges and facilitate the subsea construction.

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