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Alstom-led consortium wins €690M contract to modernize Egypt's key rail corridors, boosting trade and logistics.

Market News
18 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Alstom, leading a consortium with Rowad Modern Engineering and Concrete Plus, signed contracts worth €690 million with Egyptian National Railways to modernize strategic rail corridors between 6th of October–Alexandria and Belbes–10th of Ramadan. The upgrades include digital railway systems, enhanced telecommunications, and infrastructure improvements to increase safety, capacity, and reduce travel time by 80 minutes. These projects support Egypt Vision 2030 by improving connectivity between dry ports, industrial zones, and seaports, enhancing freight efficiency and national trade flows. Alstom will handle engineering and digital systems, while partners focus on civil and track upgrades, with about 50% local content from Egyptian talent and suppliers.

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