The Minister for Transport of Egypt, Hani Sayed Mohamed Dahi, and Spain’s Minister for Economic Affairs and Competitiveness, Luis de Guindos, signed a MoU in Madrid to study the creation of a high-speed railway corridor between the Egyptian cities of Cairo and Luxor.
These studies could be financed under the Fund to Internationalise Business (FIEM) managed by Spain’s Ministry for Economic Affairs.
The Egyptian Government is greatly interested in modernizing the railway system in the country and, in particular, in boosting high-speed travel. Spain, in turn, offers recognized international experience and know-how in high-speed railways.
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