{"id":559405,"date":"2021-01-20T03:39:21","date_gmt":"2021-01-20T03:39:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/work-on-the-high-speed-electric-rail-wont-start-until-the-end-of-the-year\/"},"modified":"2021-01-20T03:39:21","modified_gmt":"2021-01-20T03:39:21","slug":"work-on-the-high-speed-electric-rail-wont-start-until-the-end-of-the-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/work-on-the-high-speed-electric-rail-wont-start-until-the-end-of-the-year\/","title":{"rendered":"Work on the high-speed electric rail won\u2019t start until the end of the year."},"content":{"rendered":"

Work on the USD 23 bn high-speed electric rail network will begin towards the end<\/strong> of the year<\/strong>, CEO Osama Bishai told Al Arabiya<\/a> yesterday. It\u2019s going to take 6-8 months to put financing in place, he said. OC is responsible for 15-35% of the construction works on the project\u2019s first phase, which will cost USD 3 bn. OC, Arab Contractors, and Siemens signed an MoU<\/a> with the National Authority for Tunnels this week to design, install, and commission the rail system. The railway will link Ain Sokhna to El Alamein via the new administrative capital and Alexandria.<\/p>\n","protected":false},"excerpt":{"rendered":"

Work on the USD 23 bn high-speed electric rail network will begin towards the end of the year, CEO Osama Bishai told Al Arabiya yesterday. It\u2019s going to take 6-8 months to put financing in place, he said. OC is responsible for 15-35% of the construction works on the project\u2019s first phase, which will cost […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7261],"tags":[833,72,363,3246,484,207,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559405","post","type-post","status-publish","format-standard","hentry","category-transport","tag-arab-contractors","tag-enterpriseam","tag-orascom-construction","tag-osama-bishai","tag-siemens","tag-transport","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"93fc7b8d-6ca3-43e5-9ec4-2c0adddbdcac","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559391],"teaser":"","voice_url":""},"yoast_head":"\nWork on the high-speed electric rail won\u2019t start until the end of the year. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/work-on-the-high-speed-electric-rail-wont-start-until-the-end-of-the-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Work on the high-speed electric rail won\u2019t start until the end of the year.\" \/>\n<meta property=\"og:description\" content=\"Work on the USD 23 bn high-speed electric rail network will begin towards the end of the year, CEO Osama Bishai told Al Arabiya yesterday. 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The consortium will design, install, commission and maintain the line\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559324,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/whos-in-on-high-speed-electric-rail\/","url_meta":{"origin":559405,"position":1},"title":"Who\u2019s in on high-speed electric rail?","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"Orascom Construction (OC) and Arab Contractors are working with Siemens on the USD 23 bn high-speed electric rail network after the consortium signed an MoU with the National Authority for Tunnels, OC confirmed in a statement (pdf) yesterday. The three companies will design, install, and commission the rail system, which\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577210,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/14\/the-enterprise-climate-ceo-poll-orascom-constructions-osama-bishai\/","url_meta":{"origin":559405,"position":2},"title":"The Enterprise Climate CEO Poll: Orascom Construction\u2019s Osama Bishai","author":"enterpriseam admin","date":"14 November 2022","format":false,"excerpt":"Enterprise Climate CEO Poll- Osama Bishai, Orascom Construction: As COP27 rolls on, so does the inaugural Climate CEO Poll from Enterprise Climate and EnterpriseAM. 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The agreement is worth\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650009,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/orascom-construction-looking-to-form-consortium-for-usd-8-bn-hamrawein-clean-coal-plant\/","url_meta":{"origin":559405,"position":5},"title":"Orascom Construction looking to form consortium for USD 8 bn Hamrawein clean coal plant","author":"enterpriseam admin","date":"14 March 2017","format":false,"excerpt":"Orascom Construction (OC) is in talks to form a consortium to bid on establishing the 6 GW USD 8 bn Hamrawein \u201cclean coal\u201d power plant, CEO Osama Bishai tells Al Mal. 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