Alstom awarded Egyptian rail deal

expat network

Alstom awarded Egyptian rail deal

Alstom has said it’s been awarded a contract worth €100 million from Egyptian National Railways for the Beni Suef-Asyut line to supply signalling equipment
The contract also includes maintenance of the 240-km-long Beni Suef-Asyut railway line for five years, said a statement from the French company.

Delivery will start in 2016 and the system is due to be operational by January 2019, it added.

As per the deal, Alstom will provide a smartlock solution – its new electronic interlocking system (EIS) – to replace the existing electromechanical one, as well as a trackside equipment, a power supply and a telecommunication system.

Alstom’s solution will ensure safety for passengers while increasing the number of trains in circulation on the network by more than 80 per cent.

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 ENR network, enhance operation and increase the level of safety to match international standards.

A world leader in ERTMS (European Rail Traffic Management System) technology, Alstom has secured contracts in 23 countries covering 12,000 km of track, including six of the world’s 11 high-speed lines which have been fitted with the technology and are in full commercial service.

Source: Trade Arabia

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Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.