Eight consortiums, including one made of Kuwait-based Al Kharafi Group and five Spanish companies, are competing in a tender to construct the USD 8.5 bn Alamein-Ain Sokhna electric railway, an official from one of the Spanish companies tells Al Shorouk. The winning company will be given 30 months to complete the two-phase project, the first of which will link the new capital with 6 October at a cost of c. USD 4 bn.

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