Gov’t issues int’l tender for 534 km electric railway line from Ain Sokhna to Al Alamein

Gov’t issues int’l tender for 534 km electric railway line from Ain Sokhna to Al Alamein: The ministries of housing and transport have issued on Thursday a tender to build, operate and maintain a 534 km railway line linking Ain Sokhna with Al Alamein,Al Borsa reports. The railway will pass through the new administrative capital and 6 October City. The winning company will be expected to finance the project, with government-backed loans being the ideal situation, said Housing Minister Mostafa Madbouly. Bidding companies are expected to have completed projects worth EUR 5 bn, he added. This is the second major international transport tender in as many days, after the tender for the 6 October-Giza and Nasry City-new capital monorails was issued one day prior.