Connect with us

Hi, what are you looking for?

Top Stories

Economy

British Steel Secures Multimillion-Pound Contract for Egyptian Rail Project

<?xml encoding=”utf-8″ ?????????>

British Steel has announced that it has won a significant multimillion-pound contract to supply rail for a new railway project in North Africa.

The contract involves providing approximately 9,500 tonnes of track, manufactured in Scunthorpe, for Egypt’s inaugural fully electrified mainline and freight network, spanning from the Red Sea to the Mediterranean.

The extensive network covers a distance of 410 miles (660km) and is designed to accommodate both passenger and freight trains, with a maximum speed capability of 155mph. This project marks a substantial advancement in Egypt’s transportation infrastructure.

Jérôme Bonef, British Steel’s commercial export manager for rail, expressed the company’s delight at being awarded this contract and emphasized their commitment to contributing to such a transformative initiative. He highlighted British Steel’s reputation for delivering value-driven solutions, facilitating seamless transactions, and ensuring timely deliveries with uncompromising quality.

The contract involves multiple suppliers, with British Steel playing a pivotal role in supplying rail for this ambitious project. The company plans to transport two shipments of rail to the north Egyptian port of Alexandria, scheduled for this month and June respectively.

This contract underscores British Steel’s position as a leading provider of rail solutions globally and its commitment to supporting infrastructure development projects worldwide.

You May Also Like

Forex

As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the...

Forex

The introduction of aggressive climate objectives by global economies and growing prospects for reducing carbon emissions are driving the growth of the district heating...

Forex

Influenza, commonly known as the flu, brings substantial health and economic burden every year in the United States and worldwide. According to the Centers...

Forex

In the dynamic automotive sector, consistent growth of the electric vehicle (EV) charging industry has become increasingly evident. Consumers and businesses alike are recognizing...

Disclaimer: SecretsOfRichDads.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Secrets Of Richdads. All Rights Reserved.