Construction on the high-speed electric rail line linking Salam City with 10 Ramadan City and the new administrative capital will begin in July, the National Authority for Tunnels (NAT) chief Tarek Gamal El Din tells Youm 7. The project, which will be financed by a USD 1.2 bn loan from the Export-Import Bank of China, is set to be completed in two years’ time, he adds. NAT signed an agreement with China’s AVIC in August last year to deliver the rail line’s communication and signaling systems, as well as manufacture and supply 20 locomotives. A consortium of Egyptian construction firms, including Petrojet, Arab Contractors, and Orascom Construction, will carry out infrastructure works for the project.
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