More Details on How Germany’s Siemens Outbid Chinese Contractors to Win the Red-to-Med High-Speed Railway in Egypt

Image provided by Siemens

This week’s news that the German company Siemens outbid Chinese and French contractors to build the new Egyptian high-speed railway that will go from Ain Sukhna on the Red Sea to the Mediterranean port city of Marsa Matruh took some by surprise, given how dominant Chinese construction companies have become in Africa.

The back story emerged from Chinese Ministry of Commerce official Cheng Wang (王诚) who provided details that were shared with him by his colleagues within the government.

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by Eric Olander

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