Egyptian-Chinese consortium awarded Ain Sokhna-Alamein rail project

Egyptian-Chinese consortium awarded Ain Sokhna-Alamein rail project

Egyptian-Chinese consortium awarded Ain Sokhna-Alamein rail project The project is expected to cost $7-8bln: sources    Construction machine works at the site of the future Light Rail Train (LTR) project "Al-Salam - New Administrative Capital (NAC)" to link with 10th of Ramadan and the El-Salam district in east Cairo, Egypt July 9, 2019. An Egyptian-Chinese consortium won a tender to design, finance, and operate a high-speed train linking Ain Sokhna and Alamein City, Al Mal cited an unnamed source familiar with the matter.The consortium is comprised of Egypt's Samcrete, Arab Organization for Industrialization, China Civil Engineering Construction Corporation, and China Railway Construction Corporation.Sources earlier told the local news website that the project is expected to cost $7-8 billion (EGP 110.68-126.49 billion).The country announced in January its plans to implement rail