CAIRO: Transport Minister Hani Dahy met with representative from the China Harbor Engineering Company (CHEC) Saturday to discuss initial technical and economic studies carried out to implement a high-speed train project to link between Alexandria and Aswan, Youm7 reported.
The Egyptian government signed an initial agreement with CHEC following President Abdel Fatah al-Sisi’s visit to China in December. Saturday’s meeting, which was on the sidelines of the Egypt Economic Development Conference (EEDC) currently held in Sharm el-Sheikh, was to review the progress in the project’s feasible study and engineering survey work carried out by the Chinese company.
“The project is the the first in Egypt to employ an electric traction system. It will be implemented in three sections; the first will run between Alexandria and Cairo, the second from Cairo to Asyut while the third from Asyut to Aswan,” Dahi told Youm7.
He noted that the two-way railway will be 900 kilometers long, adding that Egypt will participate in the project with 20% of labor, local materials and executive oversight.
“The project would cost $10 billion and the train’s speed would reach 350 kilometers / hour which means it will cover the distance between Egypt’s Mediterranean city of Alexandria and Aswan in 3-4 hours,” according to Dahy.
The same distance is covered by Egypt’s current trains in around 12 hours.
“During the conference, the ministry aims to attract investments worth $4 billion through 9 projects in transportation and ports sectors,” Dahy said.