Talgo gains new contract in Egypt for €280 million - corporate
null Talgo gains new contract in Egypt for €280 million
09 Aug 2022
Talgo gains new contract in Egypt for €280 million
- The new contract includes the manufacturing of seven trains and 15-year maintenance services.
- According to the established calendar, the units will begin to be delivered starting in 2024.
- Talgo is already delivering the daytime trains as agreed in a previous contract awarded in 2019.
Today, the national railway company of Egypt ENR (Egyptian National Railways) has awarded Talgo with a new contract for the manufacturing of passenger trains. Under the new order, the Spanish company will be responsible for building seven passenger trains for night services for an approximate amount of 280 million euros.
The enforcement of the awarded contract is subject to precedent conditions related to the financing of the project, which are expected to be met in the coming months.
The project includes the construction of the units at the Alava (Rivabellosa) and Madrid (Las Matas) plants, as well as their maintenance at Talgo's existing facilities in Egypt, for a period of 15 years. According to the established calendar, the units will start to be delivered as of 2024.
The trains, belonging to the Intercity car platform with which Talgo recently won contracts in countries such as Germany and Denmark, will make it possible to offer long-distance services that will contribute to reducing carbon emissions in Egypt.
With this new award, ENR once again shows its confidence in Talgo, precisely when the first on-track tests of the six complete towed trains acquired in April 2019 have been completed.
Between Alexandria and Aswan
The first six trains from the 2019 contract are already being delivered and consist of a locomotive and up to 15 passenger cars each. They will be used by ENR on the country's backbone track, which goes practically parallel to the Nile River, connecting the Mediterranean port of Alexandria with Aswan, Egypt's southernmost city.
This first project, which started in 2019 and is now being fully accomplished, reached a total amount of 158 million euros, which includes not only the supply of the units being manufactured, but also their integral maintenance for 8 years.
Talgo S.A. is a leading company in the design, manufacture and maintenance of high-speed light trains with a manufacturing presence in seven countries such as Spain, Germany, Saudi Arabia and the United States, among others. The company is recognized worldwide for its innovative capabilities, unique and distinctive technology and reliability. Talgo is Renfe's main supplier of high-speed and ultra high-speed trains and the supplier of trains in the "Haramain" high-speed railway line project between Mecca and Medina in Saudi Arabia. Talgo is also the manufacturer chosen by the German operator Deutsche Bahn and the Danish operator DSB to decarbonize its network with the Talgo 230 long-distance trains.
For further information, please contact:
Cecilia Díaz y Juan Francés - Estudio de Comunicación
Phone no.: +34 91 576 52 50