Egypt and German Siemens company signed Jan. 14 a memorandum of understanding to build a high-speed electric railway network that connects Ain Sokhna on the Red Sea coast to New Alamein that lies on the Mediterranean Sea.
According to a statement published on the Egytpian prime minister office’s Facebook page, the memorandum was signed by the Egyptian Ministry of Transport, represented by the National Authority for Tunnels and Siemens, in the presence of Egyptian Prime Minister Mostafa Madbouly.