Siemens has an order value of 8.1 billion euros.
(Photo: dpa)
Munich The industrial group Siemens has received another billion-euro order from Egypt for high-speed trains, among other things. The Munich-based company announced on Saturday that a contract had been signed with two partners for the construction of the world’s sixth-largest high-speed system.
According to this, Siemens alone has an order value of 8.1 billion euros. This also includes 2.7 billion euros for the first route, which was agreed last year.
According to Siemens, this is the largest order in the company’s 175-year history. According to the announcement, the construction of a 2000-kilometer high-speed network is planned.
Siemens Mobility will deliver 41 high-speed trains, 94 regional trains and 41 freight locomotives. The contract also includes railway infrastructure, eight depots and freight yards and a maintenance contract for 15 years.
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More: Siemens is to build a “Suez Canal on rails” in Egypt