French manufacturing company Alstom has won a US$115mn contract from Egyptian National Railways to supply signalling equipment for the Beni Suef-Asyut line in Egypt
According to the deal, Alstom will provide a smartlock solution, which is its new electronic interlocking system. The smartlock solution would replace the existing electromechanical one.
The company will also supply trackside equipment and a telecommunication system.
According to the French company, the contract also includes maintenance of the 240 km Beni Suef-Asyut railway line for five years.
Gian-Luca Erbacci, senior vice-president of transport Alstom Middle East and Africa, said, ?We are pleased to have been awarded this major project, which will significantly increase traffic on the line while ensuring higher system availability and greater safety.
?Alstom has been supporting the country?s railway projects for 30 years, including the Cairo metro and aims to accompany the country for more projects to come.?
The project is financed by the World Bank and was launched by Egypt?s Ministry of Transport as part of an initiative to modernise signalling systems all over the Egyptian National Railways network, enhance operation and increase the level of safety to match international standards, added Erbacci.
